A2M 1.96% $6.77 the a2 milk company limited

Oops my bad, my chart has messed u and so has I. Fat...

  1. 427 Posts.
    lightbulb Created with Sketch. 76
    Oops my bad, my chart has messed u and so has I.

    https://hotcopper.com.au/data/attachments/1945/1945919-c1dba138985997bfebeb8070abe78321.jpg
    Fat Purple-Brown Lines (SMA50/200), Thin Orange-Black Lines (EMA50/200)


    With that I should amend what i wrote above.
    Please remove the upvotes and light bulb for my Post #: 42554836 and Post #: 42555531. I've asked mods to remove these post due to errors.

    It should read:

    If EMA 50/200, Golden cross was last Dec 06, 2019 closing at $14.53 (doji) - this appears to be the start of the apparent lift off.

    Comparing EMA and SMA:

    SMA 50/200
    Death Cross Oct 9, 2019 lagged by 37 trading days after the Aug 21,2019 sell-off
    Golden Cross Jan 22, 2020 lagged by 43 trading days after the Nov 19, 2019 lift-off

    EMA 50/200
    Death Cross Oct 09, 2020 lagged by 37 trading days after the Aug 21,2019 sell-off
    Golden Cross Dec 06, 2019 lagged by 14 trading days after the Nov 19, 2019 lift-off

    My thoughts:
    ~ SMA a laggard especially for Golden Cross
    ~64 trading day gap between sell and lift offs.
    ~ 29 trading days from death cross EMA and SMA to lift off.

    From the chart:
    bullish divergence set-up MACD. A. Sep 19 B . Nov 11, 2019.

    Current run up to earnings:
    MACD okish
    RSI okish
    Stoc RSI okish


    Should be a good run to Feb 27...


    Last edited by RHRCapital: 24/01/20
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.