A2M 0.45% $6.64 the a2 milk company limited

Chart Update, page-16024

  1. 40 Posts.
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    So looking at a bunch of lines, that go over more lines.
    The yearly chart with weekly candle sticks shows a double bottom at the $10 mark, not surprised big even figures like that are normally hard to break. It has a morning star 2 candles ago and the RSI is in oversold. The current price is also a little bellow the mean.

    All bullish signs for a potential reversal.

    Without any news from the company and no more market turmoil then is currently standed.
    I think A2M could go to around the $11.80 mark in the short term while waiting for the half yearly. Depending on that report will see a leg up or a decrease bellow the $10 resistance.

    Having said that A2M have consistently, in the past under promised and over delivered. I hope they took that approach again with the latest downgrade. If we come in at the top of guidance or even over by a little will be a good thing. With current sentiment middle to lower guidance may not be taken well by the market.

    But like I said at the start this is just a bunch of lines over more lines done by an ape with an internet connection. It is by no means financial advice and should be discarded as rubbish.

    https://hotcopper.com.au/data/attachments/2861/2861424-8fdf20324d79711b4c0803a4f0273922.jpg
 
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Last
$6.64
Change
-0.030(0.45%)
Mkt cap ! $4.800B
Open High Low Value Volume
$6.64 $6.70 $6.54 $16.40M 2.479M

Buyers (Bids)

No. Vol. Price($)
1 3110 $6.63
 

Sellers (Offers)

Price($) Vol. No.
$6.65 10453 3
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Last trade - 16.10pm 07/08/2024 (20 minute delay) ?
A2M (ASX) Chart
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