A2M 1.97% $5.48 the a2 milk company limited

Chart Update, page-1497

  1. 8,839 Posts.
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    I am guessing you are down on your investment on A2M judging on your other posts.
    A2M ran way too high on buyer sentiment ,when it traded in the high 13 dollar range and was always going to have a correction. I am surprised by the depth of the retrace , I thought it would hold at the $10.50 to $11 range , but a couple of announcements that missed analyst's forecasts lead to a bigger sell down than I expected. The market doing what it does , punished a high PE stock like A2M . Is it oversold , in my opinion yes , and have changed my sentiment to a buy.
    We are 3 weeks out from FY results , we know the revenue and margin already , the dialogue around growth , COH etc will be what drives the share going forward.
    Do yourself a favour , read H00TS posts on TA ...
    If you believe in the A2M story , wait for the FY results .
 
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Last
$5.48
Change
-0.110(1.97%)
Mkt cap ! $3.967B
Open High Low Value Volume
$5.56 $5.57 $5.39 $15.92M 2.911M

Buyers (Bids)

No. Vol. Price($)
1 5000 $5.46
 

Sellers (Offers)

Price($) Vol. No.
$5.49 6381 1
View Market Depth
Last trade - 16.10pm 05/11/2024 (20 minute delay) ?
A2M (ASX) Chart
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