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17-07-2018, 05:58 PM
#9511
They did $262m in the latest quarter hampered by old labelled stock. I think some people are going to be very surprised by first half sales for the current financial year as retailers stock up on the new labelled product. Disc: Holding 6% portfolio allocation as part of a well diversified portfolio.
Correction is probably a good thing, shake out the weak holders ready for the next leg up.
Last edited by Beagle; 17-07-2018 at 06:00 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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17-07-2018, 09:42 PM
#9512
@visionary ... I think you mean support, rather than resistance at 10.60, which is correct on the chart and your number 8.60 below that. ATM is in a shallow descending slide, but there's no compelling reason why it will drop to those levels other than it is slowly declining. TA is better for getting one out and keeping one out and looking for an entry than it is holding looking for a last ditch sell to preserve capital. TA'ers are well and truely out now, the patient ones won't be putting some timeframe on when to buy, they will be informed by the sentiment, as shown in the chart. TA'ers don't buy into the euphoric 'she'll be right' nonsense, just because some guru bought higher and talks up their book incessantly while hurting on their capital losses, they just act when it's time to do so. Rinse and repeat.
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18-07-2018, 11:15 AM
#9513
Today’s looking like it will a good day for the A2 shareprice
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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18-07-2018, 11:35 AM
#9514
yeh totally caning it so far , up 7/10 of 1%
sorry man just couldn't resist.
For clarity, nothing I say is advice....
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18-07-2018, 11:47 AM
#9515
 Originally Posted by winner69
Today’s looking like it will a good day for the A2 shareprice
Us kiwis are optimistic guys, ATM mostly start to move up before ASX opens and they spoil the party for us.
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18-07-2018, 02:22 PM
#9516
a nice day for the shorters so far
one step ahead of the herd
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18-07-2018, 02:56 PM
#9517
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18-07-2018, 03:03 PM
#9518
Member
Originally Posted by winner69
Today’s looking like it will a good day for the A2 shareprice
What time today will it turn around and start heading north?
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18-07-2018, 03:15 PM
#9519
Originally Posted by Muppett
What time today will it turn around and start heading north?
After hours once you've had a few and start talking it up big time.
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18-07-2018, 03:17 PM
#9520
Originally Posted by bull....
a nice day for the shorters so far
And a very nice day for Longers if I must say so myself. PS-Longers can enjoy getting a nice slow tan rather than risk being incinerated.
Last edited by couta1; 18-07-2018 at 03:25 PM.
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