Agreed with the statement of "one day doesn't make a market" @Kasper61, however we now have the share price testing the low of this entire channel (and especially the low from back on 20-Dec - the low was $6.53 and the close on that day was $6.54). Yesterday's close was $6.49. I was personally leading into a bullish case for the stock (and potentially buying in myself) had the share price cleared the high of the channel formed on 17-Jan (i.e.: $7.14), but this price action appears to be showing quite a bit of weakness in the minds of shareholders. Those support levels noted in the chart above will now act as resistance levels that need to be broken.
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A2M
the a2 milk company limited
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1.51%
!
$7.83

Agreed with the statement of "one day doesn't make a market"...
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Last
$7.83 |
Change
-0.120(1.51%) |
Mkt cap ! $5.669B |
Open | High | Low | Value | Volume |
$7.97 | $8.02 | $7.77 | $13.40M | 1.707M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7033 | $7.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.83 | 8457 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7033 | 7.820 |
2 | 3640 | 7.800 |
3 | 11149 | 7.790 |
1 | 3500 | 7.780 |
2 | 19112 | 7.770 |
Price($) | Vol. | No. |
---|---|---|
7.830 | 8457 | 3 |
7.840 | 5703 | 1 |
7.850 | 10165 | 3 |
7.860 | 4000 | 1 |
7.900 | 4213 | 1 |
Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
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A2M (ASX) Chart |