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.
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A2M
the a2 milk company limited
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$7.83

Closing price above $1.82 is crucial, page-8
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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 | 7033 | 7.820 |
2 | 3640 | 7.800 |
3 | 11149 | 7.790 |
1 | 3500 | 7.780 |
2 | 19112 | 7.770 |
Price($) | Vol. | No. |
---|---|---|
7.830 | 8457 | 3 |
7.840 | 5703 | 1 |
7.850 | 10165 | 3 |
7.860 | 4000 | 1 |
7.900 | 4213 | 1 |
Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
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A2M (ASX) Chart |