A2M 1.96% $6.77 the a2 milk company limited

Here's what I've noticed on the daily chart, when compared to...

  1. 250 Posts.
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    Here's what I've noticed on the daily chart, when compared to November 19th (the AGM). I think the AGM makes for a good reference point:

    The AGM's intraday low was $13.19 (blue line)
    But yesterday's daily low was $13.55 (yellow line) - above the AGM low

    https://hotcopper.com.au/data/attachments/1876/1876812-d80539e9afc6e934a221684a87f07ca3.jpg

    The AGM's open was $14.12 (blue line)
    But today's close was $14.40 (yellow line) - above the AGM open

    https://hotcopper.com.au/data/attachments/1876/1876814-243d9c8f37ba08e9c6689ea2e01bd6be.jpg

    Last Friday's low (before the CEO announcement) was $14.42 (blue line)
    But today's high (after the CEO announcement) was $14.46 (yellow line) - above Friday's low

    https://hotcopper.com.au/data/attachments/1876/1876815-d6a334242a88c0a5ab37bb1ff8ee7069.jpg

    Here's a post mortem of today's 5-minute chart. This gets a little busy, but just follow numbers 1-6 on the diagram:

    https://hotcopper.com.au/data/attachments/1876/1876818-c79f4274b6b919c8556d76dd69444187.jpg

    I was emailing a coworker about yesterday's news. I told him the announcement was good news. But in his reply, he firmly disagreed. He said it was bad news (with multiple exclamation marks). So I went about some chart analysis, and shared it with him.

    I think I've turned him around.
 
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Last
$6.77
Change
0.130(1.96%)
Mkt cap ! $4.894B
Open High Low Value Volume
$6.63 $6.77 $6.63 $10.00M 1.485M

Buyers (Bids)

No. Vol. Price($)
1 2420 $6.76
 

Sellers (Offers)

Price($) Vol. No.
$6.77 37726 4
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
A2M (ASX) Chart
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