Looking at the overall trend @EtDawg, and updating the previous chart from prior discussions (https://hotcopper.com.au/posts/66338929/single, https://hotcopper.com.au/posts/66357800/single and https://hotcopper.com.au/posts/66360861/single), the prior resistances formed after the announcement in mid-February are holding strong. That rally up until 9th March tested the $6.86 resistance perfectly and the share price has fallen away completely since. An Elliott Wave 5 formation has formed on the daily chart, as you can see below too, which suggests that the share price could return to the low of the trading range from September 2022, which would be $5.08 as a price target (shown at number '4' in the chart).
In the short-term, I'm particularly interested to see how price action reacts to the upcoming major support level at $6.07, which was formed on 22-Feb-2023, since we could see some short-term bounce-back in price action from the short-range support level at $6.32 from 27-Feb-2023.
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A2M
the a2 milk company limited
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$7.83

Chart Update, page-23755
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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 |