ENTRY: 7.00 SL: 6.62 TP1: 7.37 TP2: 7.68 - ADX>25 - Daily RS +ve - Daily FFI +ve - Weekly RS +ve - Weekly FFI +ve - Moving averages are aligned. - Entry today based on today breakout from range and >3% rebound off 10EMA with volume .
Fundamentals have deteriorated considerably with global cVD policies. A2 wont go bankrupt with huge piles of cash, but have they got a moat? Purely of a technical perspective, no body is talking about A2.. its off the media, it's not on the headlines, these are the types of plays Peter Lynch likes, unloved, unwanted, but with solid balance sheets, average holding...
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...
We can see a double bottom with an uptrend to reach MA50-day, this may be a sign to buy. For Australia international flaying closed border I don't have any hope, because after checking the vaccination rate of 2.7% is a low. People are afraid of a possible 5th downgrade, I see only possibilities. Let me know what you think about MILK A2 please ?
Trade Analysis based on Price action & Fundamentals.. The target is NZ$13.50 with a Price range of $5.50-$17.00, with downside... With risk management you will never loss money.. Ridethemacro
If it can break the trend line, it will start its up-trend move in future ... We should wait for this break of the trend line and after re-test as a confirmation for starting a up-trend; we can go long. ASX:A2M
ENTRY: 7.65 SL: 8.10 TP1: 7.17 TP2: 6.33 - ADX>25 - RSI<35 - RS and FFI -ve - Weekly MACD -ve - Breakdown with decent volume on 21 Apr 2021
Hi guys ! A2M seems on Bullish reversal mode after hitting 2 years low $8.33 , Which makes fresh opening market now after the half yearly negative reports and accounts. If market tends to move upward and breaks the resistance of $9.83 then its most likely to hit $10.67 after and RSI is fresh market mode to support if we are talking about technically and many...
A2M is at a very important juncture, currently at $10.20, and the market now is waiting for the announcement of its earnings report on the 25th of February. A2M has been consolidating between the range of $10.00 and $11.00 range, (50% Fib Retracement Zone) since the plunge in price. This (50% Fib Retracement Zone) is from the initial lows in May 2015, to its all...
Bearish Confirmation Indications according to Volume Profile Strategy As the trend line is apparently broken, the price is now below the heavy volume zone between $13.80 - @14.20 (which may now act as resistance and hence may get selling pressure to the next volume profile zone between $9.60 - @10.20. There are two bearish scenarios that may be possibly in...
Time to get out of A2M for now. First level of support is the purple line. Note - This is my first publish idea Sent from my iphone.
A2M Currently range bound between $17.75 & $19.05 but also forming a bull flag. Presently impacted by trade tensions with China. Worth keeping an eye on
Broke above both short- and mid-term trend lines. Overvalued at the moment. Still in uptrend so looking to enter around $16-$17.
A2M has held up pretty well in this downturn. It has formed an inverted H & S pattern and has shown resilience. IMHO this is worth keeping an eye on
A2 Milk retraces back to the trend line support today. This is NOT a buying opportunity for me because the risk is greater than the reward. We could open below the trendline next week and going down fast. Also, there is a gap on the chart that is yet to be fill. If we could close above $15.68 area, I may consider a long position in A2 Milk.
A picture speaks a thousand words...but the neckline (if it forms the H & S pattern) lies around the 78.6% fib retracement. That being a confluence of supports, I expect it to hold