A2M 0.88% $5.60 the a2 milk company limited

A2M Valuation, page-20

  1. 2 Posts.
    Guys, Ill give you my point of view on A2 Milk.

    First or all I'm a medium to short term trader that specifically uses CFDs as a a mechanism to trade equities. I find that this suits my mindset better than the buying and holding of physical stocks. At the same time, I've done a lot of both and I don't see that there is major difference if strict money and risk management are utilised and margin limits are never close to being utilised.

    I won't go into the fundamentals as that's been covered already to a better level than I am willing to go into and I'm pretty happy with whats been posted in this area.

    I have traded A2 milk on the way up from $3, originally holding a position between $3 and $7.80 and then opening my most recent deal on the breakout the day before results at $8.60 which I closed at $13.61.

    The 50% rise over two days was bound to lose steam as any experienced trader could see so taking profits was wise on my behalf and fits my methodology. However I see A2 as a massive long term gainer and will jump back in again when my technical indicators give me the go ahead.

    All the best and DYOR.
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
Last
$5.60
Change
-0.050(0.88%)
Mkt cap ! $3.808B
Open High Low Value Volume
$5.62 $5.68 $5.55 $2.966M 528.0K

Buyers (Bids)

No. Vol. Price($)
19 19295 $5.59
 

Sellers (Offers)

Price($) Vol. No.
$5.60 533 3
View Market Depth
Last trade - 12.39pm 04/12/2024 (20 minute delay) ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.