The TA is looking good, up almost 90% from the lows and in a steep uptrend with room to continue on the RSI, albeit MACD has topped but that can bounce around overbought for months.
There's heavy overhead price resistance at the $7.14-7.47 range which on balance you'd expect a pause, and TBH volumes are subdued and average declining, but if/when that breaks upwards $8.50 and after that $9.80 is in play.
Personally, I think A2M is going just fine, it's the background noise of Synlait, their sole supplier of China formula which is tempering enthusiasm. That will sort itself out soon enough and I expect once it is, to see a big breakout upwards in A2M share price.
https://invst.ly/15lyov
The TA is looking good, up almost 90% from the lows and in a...
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Last
$7.01 |
Change
0.290(4.32%) |
Mkt cap ! $5.067B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $7.12 | $6.81 | $26.19M | 3.735M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $7.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 28521 | 7 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |