Breakout is imminent and $1.82 is the resistance on the charts.
Every time A2M touches $1.82 intra day, the resistance gets weaker and easier to break.
It traded at $1.82 for the first time on 23rd March since 19th Feb.
After the intra day high of $1.82 on 23rd March there was a sell off and it traded @ intra day low of $1.655 on 29th March. Since then it has recovered and today it traded at intra day high of $1.745 which is great.
I am expecting it to touch $1.82 again either this week or next week. If it touches $1.82 and drops back then it will make another attempt and then another attempt and finally the breakout will happen and it will break through $1.82 with much higher volumes.
When it convincingly breaks through the resistance of $1.82 then $1.82 will become a major support level and it will be hard to break.
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A2M
the a2 milk company limited
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1.51%
!
$7.83

Closing price above $1.82 is crucial, page-28
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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 | 63 | 7.850 |
1 | 65 | 7.840 |
2 | 640 | 7.830 |
4 | 7429 | 7.820 |
1 | 500 | 7.810 |
Price($) | Vol. | No. |
---|---|---|
7.360 | 31 | 1 |
7.590 | 62 | 1 |
7.620 | 39 | 1 |
7.800 | 150 | 1 |
7.820 | 650 | 1 |
Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
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A2M (ASX) Chart |