A2M.ASX - still think there needs to be another leg downBeen tracking A2M for a long time - still think we need another leg down to complete correction but stock market looks bullish atm.
A2M
A2M - A2 Milk Company [Bulish Flag Setup]A2M looks set for a continuation off its bullish flag pattern, finding support at the 200 MA.
Blue sky above if it breaks through the top of the range / Will look for near-term support if it breaks through the bottom of the range
Note as the company is trading at a high PE, failing to meet forecasts/targets can have a significant impact on share price.
A2M.ASX - TAA2M - A great run in today's session up by about 7% and looks like its going to pullback at 10.11 resistance. Major resistance at 10.41 - 10.61
Agriculture stocks to grow your wealthHello penny stocks followers,
I am sorry about that I might a bit side-tracked to the cryptocurrencies trading recently.
Here are two penny stocks to buy & hold for longer term.
Do you know both SM1 & A2M was struggling in last 84 days?
A2M just slightly continues to soar after the resistance zone breakout.
In the other hand, SM1 is struggling at the descending triangle pattern. It is at the point 4'.
The 20 & 50 EMA crossover may give you some hints. I may say the safer entry point to be above the previous high (point 3') or above the top of red ichimoku cloud.
I may analyse a bit more penny stocks before Australia Day !!!
Long Mr MilkIdea: Support holding and more long.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
A2MStarting to feel more bearish sentiment regarding China... and this Superstar performer starting to look wobbly.
Trend eroded, punched in a new high without any follow through... and there are gaps to fill below...
