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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0.64%
!
$7.79

Closing price above $1.82 is crucial, page-28
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Last
$7.79 |
Change
-0.050(0.64%) |
Mkt cap ! $5.676B |
Open | High | Low | Value | Volume |
$7.79 | $7.84 | $7.78 | $742.0K | 95.21K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 907 | $7.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.79 | 1912 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 694 | 7.790 |
12 | 5549 | 7.780 |
12 | 15006 | 7.770 |
9 | 16305 | 7.760 |
12 | 12408 | 7.750 |
Price($) | Vol. | No. |
---|---|---|
7.800 | 141 | 4 |
7.810 | 4639 | 8 |
7.820 | 6362 | 12 |
7.830 | 18915 | 8 |
7.840 | 7234 | 5 |
Last trade - 10.22am 26/06/2025 (20 minute delay) ? |
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A2M (ASX) Chart |
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AMAERO LTD
Hank Holland, Chairman & CEO
Hank Holland
Chairman & CEO
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