A2 Milk
The A2 Milk Company : Buy with a stop loss at $7.79

The A2 Milk Company : Buy with a stop loss at $7.79
The A2 Milk Company We’ve initiated a new position in our Trade Table ASX 200 model portfolio today, buying shares in The A2 Milk Company Limited (A2M.ASX).
The position was opened with an entry price of $8.0100.
The A2 Milk Company focuses on dairy nutritional products, particularly known for milk and infant formula containing only the A2 beta-casein protein type, which some consumers find easier to digest compared to conventional milk containing both A1 and A2 proteins.
The A2 Milk Company is building positive momentum after finding support at $3.70.
The A2 Milk Company is on our watchlist and we’ll review the trade setup once the price action exceeds the 10-day average.
A2M:ASX is a high-risk recovery play into the second half of 2021. The driver will be a stabilization in the earnings picture and/or the potential for a takeover offer.
Investors may consider delaying the entry until we see a break above the 10 day average.
8/4/21
The buy condition is now triggered with today’s price action above the 10-day average.
12/4
A2 Milk is now trading above the 10 day average.
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