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...
A2M looking weak on the Weekly and Monthly chart and forming Lower Highs and Lower Lows on the Daily Chart, suggesting lower prices to be seen ahead. Price may come to either one of the Support Levels ideally in the Fibonacci Retracement Zone between 50-61.8% level (The Golden Pocket Zone) and a very strong Support level for a very good buying opportunity. Note:...
still bearish on all time frames...worth watching here for possible turn?
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...
A2m setting up for a buy on the weekly. Sitting at the 38 fib level, it could find support a bit lower. I think after xmas this will have a good run.
Bearish Trend Continuation Indications: 1. Bullish Trendline is broken 2. Has been consolidating below the trendline since ten trading sessions. 3. Unable to break above the trendline and close. 4. It did try to move up but was unable to sustain above once, and then fell below. Scenario 1. I would be comfortable to buy once it reaches the Buy Zone between...
Entry:13.82 Stop loss: 14.39 Broke out of rounding pattern today with the 3 SMAs in order. Would have preferred a higher accompanying volume though.
Huge weekly channel retested. Though change in fundamentals but more bullish candle will confirm the technical rebound here. Timeframe - A minimum 3-6 months. Target 18.5 AUD
Kia Ora, Potential price reversal from CMP, long term investor can exit and buy back at 15.50 - 14.50.
NZX:ATM For the last 2 years we saw drops of circa 30% from the posting of Aug results finding favour again in Oct - Nov. Given there is some rhetoric in the market that ATM is over priced - will we see the same in a Covid-19 environment?
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.
Weekly/daily clear uptrend. Targeting re-accumulation areas with the intent to position with the trend. Avoid buying into weakness/supply/resistance Avoid selling into strength/demand/support Avoid entry when price is in middle of a rage (phase B) Sources of education: Richard Wyckoff Tom Williams Volume spread analysis VSA/ Master the Markets Pete Faders...