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A2M

ASX - A2MFundamentals 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 time for a turnaround like this is 5 years, so patience is the key, but wise to keep an eye on competition to see if they are taking market share in the meanwhile. It may be an asx market darling again at some point and it is all swings and roundabouts, It really has held up bvery well IMO considering the somewhat orderly sell down in equities over the last several months. We will see if this Bullish wedge can hold.
ASX:A2M
by jonnytren
A2M - Has the Bearish trend changed finally?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.
ASX:A2MLong
by AsimMirzaTrader
1
$$$ A2M $$$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 others. If A2m can perform good next quarter of this year then last year high $20.05 will be seeing next ! Cheers ! Happy Trading !!!
ASX:A2MLong
by Sharp_As_A_Blade
2
A2M - Trade PlanA2M 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 time Highs of $20.00 in July 2020. This is also a High Profile Volume Zone where price is hovering currently. The market is anticipating the release of its earnings report with an estimate of $0.17 EPS, and I think that if it releases its EPS below estimate, or any negative surprise, then we may see some more pressure to the downside towards the $8.00 - $9.00 Zone (Extremely Critical Support Zone). If we see it announce higher then estimate or any good surprise, then we need to see the break of the Bearish Trendline coupled with High Volume. Price has been hugging the Bearish Trendline and has not been able to break and close above it as of yet. I want to see a decisive break of the Bearish Trendline with High Volume and a close above it, to take a Buy Position with a tight Stoploss below the 18th December, 2020 low. My Stoploss will be at $9.70, aiming for an initial target towards $12.00 - $13.00 zone, which is also a Gap Window Zone. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX:A2MLong
by AsimMirzaTrader
2
A2M - Bearish (May have more room to the Downside)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 development. Scenario 1 Either price finds support at the current price level of $13.00 and goes up to hit the High Volume Profile Zone of $13.80 - @14.20 and heads lower to the next lower High Volume Profile Support Zone of $9.60 - @10.20. Scenario 2 The price continues lower and finds significant support at the next High Profile Support Zone of $9.60 - @10.20.The Volume Profile Zone of $9.60 - @10.20 is expected to be a very strong support zone where I would be interested to buy for medium term. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX:A2MShort
by AsimMirzaTrader
15
A2m - Rising competition or just market cycles?I've been watching this chart for a while and there are a few note worthy patterns to have me believe that that its solid bull run of over 1000% has come to a short end and while this may be disappointing to some it is also an opportunity for many to find a excellent entry into a solid company. With that being said our currently situation is showing exhaustion from the bears, and underwater investors smiling with excitement at an opportunity to sell a break even (the gap at mid 15 dollars). If your liking the charts so far give me a follow and click that like button. Ill aim to get out two to three charts a week.
ASX:A2M
by davidred
12
A2 Milk - Confirmed H&S I reported earlier in the month that A2 Milk was showing a good formation of a head and shoulders pattern. This week we had a confirmed breakout of the neckline, here is my complete analysis. Price has fallen and closed below 30EMA (weekly). Price has fallen and closed below 200EMA (daily). CCI indicator(daily) is reading 222, which is a sign of strength to the downside. Mansfield Relative Strength (XAO)(daily) is below zero showing A2M is under performing the All Ords. Price has closed below Neckline of Head and shoulder pattern for 2 periods (confirmation). Target price on the down side is roughly $10.7, using a 30EMA weekly as exit once price closes below on weekly time frame. If you enjoyed this idea, please subscribe for more technical analysis in the future. Disclaimer - This in not financial advise and may not fit your financial needs, do you own analysis before investing any of your money or seek advice from a qualified financial advisor.
ASX:A2MShort
by IRApTOIR