Jicka

A2M - Double bottom and bullish divergence

Long
ASX:A2M   THE A2 MILK COMPANY LIMITED
I have a position in this that I picked up on the earnings drop.

Was looking for a short over-reaction scalp and considering closing it out but stop to wonder if this could be an actual reversal.


Weekly
- double bottom on hte breakout
- bullish divergence

Double bottom on the breakout is obviously a strong support line. There will be a lot of price memory here, see the big volume candle at the current bottom. A lot of action but still didn't get past it.


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disclaimer: this is not financial advice, I am not a CPA.
Trade at your own risk.

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