Just wanted to share that A2 Milk share price is now about to enter a new phase according to simple charting.
The price has reached a limit in terms of accumulation at this level and something has to give.
If the outlook for the company is poor I would say it's about to fall into a lower trading channel, however, a profit upgrade may be likely and publicity , demand , research results have been fantastic so more likely for an upward channel.
In my humble opinion we are very likely to see the next leg up in the coming 2-5 days looking at the trends forming on paper.
Your thoughts are welcomed.
(Please keep this a charting/share price thread if possible)
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Last
$6.85 |
Change
-0.060(0.87%) |
Mkt cap ! $4.952B |
Open | High | Low | Value | Volume |
$6.91 | $6.93 | $6.81 | $7.337M | 1.070M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4252 | $6.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.86 | 10763 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 6.810 |
2 | 637 | 6.800 |
3 | 12600 | 6.700 |
1 | 860 | 6.600 |
1 | 600 | 6.580 |
Price($) | Vol. | No. |
---|---|---|
6.860 | 8000 | 1 |
6.880 | 7000 | 1 |
6.900 | 5985 | 3 |
6.910 | 200 | 1 |
6.950 | 9741 | 7 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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A2M (ASX) Chart |