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A2milk

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
$$$ A2M $$$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 Head & Shoulders - Waiting for final ConfirmationA2 Milk appears to have lost to the bears. A very distinct head and shoulders pattern has emerged although still not confirmed until neck line is broken. Taking a look at the relative strength, A2M is under performing the ASX 200 (XJO) which also is a strong bearish sign. Increased volume on negative candles and on right shoulder shows strong possibility of break down. Finally the share is closed below the 30 Week EMA, which also signifies a bear movement maybe lurking. Please note this general advice for educational purposes, carry out your own analysis before entering a position or consult a financial adviser.
ASX:A2MShort
by IRApTOIR