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AsimMirzaTrader
Jun 17, 2021 6:56 PM

A2M - Has the Bearish trend changed finally? Long

THE A2 MILK COMPANY LIMITEDASX

Description

A2M had been falling in a strong downtrend until recently when it managed to break its downtrend line with very high volume. This price action suggests that the Bulls may have stepped in finally and want to take price higher. It could consolidate for a while before taking off. I am bullish A2M and targeting the recent Resistance level of $7.80 which could provide a potential 30% gain on the trade.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Comments
kaycee77
I agree, there are lots of upward gaps that are very enticing.
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