A2M 0.84% $5.92 the a2 milk company limited

A2M WEEKLY - which is what the pros look at. Not day to day...

  1. 7,702 Posts.
    lightbulb Created with Sketch. 11
    A2M WEEKLY - which is what the pros look at. Not day to day noise, and typically no gaps.
    9.26, 9.27 or or so, as another suggested is the next support level, a double bottom to be precise.
    A better way of phrasing it is that price has shown itself to be sensitive at that level.  We don't know what will happen at that level. We'd want to see a reversal signal at a critical level.
    I'm deep in the red, and don't believe in averaging down. Should have sold long ago, given my entry but lacked discipline.
    Even if you  (me ) buy too high, the risk, as dictated by stop size  and hence exposure should be precisely defined , as should the reward .  I didn't adhere to the  discipline (that is one of the two risk models, fixed dollar risk, vs fixed exposure risk).
    A2M - WEEKLY
    A2M.jpg
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
Last
$5.92
Change
-0.050(0.84%)
Mkt cap ! $4.315B
Open High Low Value Volume
$5.96 $6.00 $5.87 $7.745M 1.305M

Buyers (Bids)

No. Vol. Price($)
14 6032 $5.92
 

Sellers (Offers)

Price($) Vol. No.
$5.93 7915 12
View Market Depth
Last trade - 15.22pm 02/05/2024 (20 minute delay) ?
Last
$5.92
  Change
-0.050 ( 0.88 %)
Open High Low Volume
$5.97 $5.99 $5.87 595306
Last updated 15.42pm 02/05/2024 ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.