Closing price above $1.82 is crucial

Two consecutive closes at $1.78 on 22Mar and 23 Mar has bought this stock on my radar.

Sustained price close above $1.82 will be a extremely bullish signal for A2M.

A2M has closed above $1.82 only 7 times in its entire ASX trading history. (24Dec, 29 Dec, 30 Dec, 04 Jan, 05Feb, 16Feb, 17Feb, 18Feb)

It hit intra day high of $1.82 yesterday after 23 trading sessions. Last time it was above $1.82 on was on 19th Feb.

There is a gap on the chart on 19th Feb. It closed on 18th Feb at $1.865 and opened on 19th Feb at $1.83 and this gap is most likely to be filled as price has not been close to this level since 19th Feb. I am expecting intra day price will hit $1.865 to fill this gap in next few trading sessions.

Sustained price close above $1.82 for 4 trading sessions will be a game changer for this stock as it has never happened before.

I will be betting all my savings on this stock if price closes above $1.82 for 4 trading sessions in a row.

Gap fill of $1.83 to $1.865 will be another bullish signal.

I will be all over this stock for next few trading sessions. Watching out for a major breakout.