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 ?
The a2 Milk Company is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Patterson. The company has been through a...
Notes for the analysis which is for educational purposes only.
What is the major trend ? Down & Strong.
What did the previously posted Point and Figure chart suggest with it's bearish target ? Possible end to the current major down trend at around $5.00 !
We will see the accuracy of the Point and Figure target over the weeks ahead. It is an estimate and a...
Bearish price objective as shown on the chat is for educational purposes only.
Now, looking for a climactic price action behaviour and a sharp counter trend rally thereafter.
Cycle complete and now in a correction. Fibbs looking very good on log scale. .23 and .618 has proven a great sr level historically. Alarm at price label for entry. buy zone rectangle
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
Accumulation of A2m between the 0.61 and 0.786 retracement from the 2016 low of $1.33
and the 2020 high of $20. 01 .
This will align with the long term trend line from its early
years.
I calculated an intrinsic value between $8-$16
using various ROIC figures, ROE, Future PE ratio,
expected MARR of 15%
ROE- 22% (has actually been between 30-46%
I devalued the...
Profit downgrade. Not a "bad" company. Main market is China. Fancy-man milk with special magic proteins. Still turning a profit. Will have to bottom out at some point :D
Hello,
Obviously A2M is in a significant downtrend for some time now. As seen on the MACD (green line on MACD) we are seeing a loss of bear power and on the chart we are still in downtrend (red line on chart). This is an evident Class A Bullish Divergence, also on the Stochastic we can see the stock has been in the oversold area for a since September 2020....
I see a2m having a strong week next week, before either breaking through 43EMA or going lower. There are rumours around about a take over on the cards for the company. Any news is currently good for A2M as it was heavily oversold at $6.90. Personally i see a move to $7.90 on the cards before either bears take control again, or bulls step up. A good swing entry...
It has been moving well the past 5 trading days. Looking for a breakout tomorrow and a close above $8.60 for an entry.
Initial target at $10.40.
A stock that will probably be dependant on borders and trade agreements with china to be positive for the company. TA wise, its bullish above $8.60 so will post again when it gets there. Still on watch. However, entry...
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...
