A2M 1.62% $6.90 the a2 milk company limited

Think as if you were the shorter, page-26

  1. 6,553 Posts.
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    Shorts are increasing not decreasing !!!

    Up to 3.44 per cent in from 98th most shorted on the ASX into 87th and moving up the list fast

    Shorters likely to apply the pressure you will see a lot of bots running as they further increase there positions It's not just fundys who short these hedge funds flying under the 5 per cent disclosure do as well

    Thing about shorts you don't see the full extent of the shorts until well after they start positions there is no real time data

    A2m along with this whole sector is proving to be a picnic for the shorts

    In the next month Id expect A2 to make the top 50 most shorted there is no way they are going to let go of this downside momentum and sentiment towards the sector

    TA wise broke major support lines weekly chart closed on a bearish candle harmani death cross suggesting this is going much lower into the 1.70s region in coming days gap at 1.65 to be filled if the news is as bad for BAL as expected you could really see a desertion in these sell to China plays

    Going to be further weakness in my view
 
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Last
$6.90
Change
0.110(1.62%)
Mkt cap ! $4.988B
Open High Low Value Volume
$6.81 $6.95 $6.81 $15.85M 2.295M

Buyers (Bids)

No. Vol. Price($)
5 10249 $6.88
 

Sellers (Offers)

Price($) Vol. No.
$6.91 12797 4
View Market Depth
Last trade - 16.10pm 22/05/2024 (20 minute delay) ?
Last
$6.90
  Change
0.110 ( 1.41 %)
Open High Low Volume
$6.82 $6.95 $6.82 767787
Last updated 15.59pm 22/05/2024 ?
A2M (ASX) Chart
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