I did alright when I traded A2M for the first time in Dec 2015. Bought on 21st Dec @$1.53 and sold on 29th Dec @ $2.17 - $2.21 as it hit my trailing stop loss.
A2M came up on my trading radar again in Feb16 when it opened with a huge gap on 17th Feb.
Closed on 16th Feb @ $1.875 and opened on 17th Feb @ $2.25 and hit an intra day high of $2.30 and closed the gap between $1.875 and $2.25 by hitting an intra day low of $1.83.
Interesting point is that A2M closed on 18th Feb @ $1.865 and opened on 19th Feb @ $1.83 and this gap has not been closed since. It hit a low of $$1.52 on 8th Mar and since then it has rebounded and hit a monthly high of $1.82 on 23rd Mar.
I have been watching closely and been following A2M since 17th Feb. I bought one parcel @ $1.64 and added another parcel @ $1.71 because I think clearly and trade better when I actually hold a position in the stock. I was meant to add another parcel @ $1.78 but I decided to hold off buying due to the Easter break. I will add more to my current position as soon as it closes above $1.78 again and keeping creating a pyramid position on A2M and keep increasing my trailing stop loss as price goes up. If it drops and my stop loss gets triggered then I will sell and reevaluate the stock again.
Let me know if I am doing anything wrong. Your constructive feedback on my trading strategy will be highly appreciated.
- Forums
- ASX - By Stock
- A2M
- Closing price above $1.82 is crucial
Closing price above $1.82 is crucial, page-8
-
- There are more pages in this discussion • 1,128 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
|
|||||
Last
$7.16 |
Change
0.020(0.28%) |
Mkt cap ! $5.176B |
Open | High | Low | Value | Volume |
$7.16 | $7.23 | $7.07 | $18.04M | 2.526M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4213 | $7.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.16 | 17242 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4213 | 7.120 |
2 | 16106 | 7.110 |
2 | 10250 | 7.100 |
6 | 16629 | 7.090 |
3 | 7459 | 7.080 |
Price($) | Vol. | No. |
---|---|---|
7.170 | 3000 | 1 |
7.180 | 3180 | 2 |
7.200 | 3208 | 2 |
7.210 | 7202 | 1 |
7.220 | 7202 | 1 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online