A2M 0.87% $6.85 the a2 milk company limited

This stock will likely be $10 late next year in my view on a...

  1. 4,532 Posts.
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    This stock will likely be $10 late next year in my view on a fundamental basis. In saying that it's at a crazy price based on technical analysis. The stock is technically way overbought and in the short term should see some profit taking. We have gone up 10% in 2 days based on no price sentsitive info but merely just broker reports. For some perspective, that's the same as adding half of Bellamys to our valuation in just 2 days. This needs to come back to 6.20 or so (8% pullback from the high). In saying all this I havent sold out as you never know with A2 and I have tax reasons for not selling (CGT). But yes very crazy on techicncal aspects such as RSI, bollinger bands, gaps in chart formed today etc.
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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
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
A2M (ASX) Chart
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