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  1. #11921
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    Quote Originally Posted by winner69 View Post
    WTF going on A2 share price

    China problems again or something?
    Nothing to see here winner, completely normal A2 behaviour.

  2. #11922
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    Quote Originally Posted by BlackPeter View Post
    Normal bear market volatility?

    But than - they are for the last year or so clearly in a downwards trending trading channel. I guess at some stage they need to find a new low in that channel, but ways to go.
    Lol, a year ago it was $7.66 NZ, if all shares had that sort of downtrend, the crowds would be ecstatic. PS-Just over a year ago it was $4.

  3. #11923
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by couta1 View Post
    Lol, a year ago it was $7.66 NZ, if all shares had that sort of downtrend, the crowds would be ecstatic. PS-Just over a year ago it was $4.
    Not quite. It was (exacly) one year ago $8.20. But yes, forgive me for having been slightly inaccurate - I should have said "in a downwards channel for the last 10.3 months". Here is the channel I am talking about:

    Attachment 10230

    In case you are not quite clear - I printed the channel walls nice, fat and red for you ;
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  4. #11924
    Speedy Az winner69's Avatar
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    BP ....pretty dismal eh

    But channel might look different if you used ln(price) data (as the spotted one would suggest)
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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    I think the charts look terrible due to all this Trump vs China tariff battle and people got spooked. Once half year figures come out next month we will see ATM rise again if only to $12 per share until full year guidance is given. That is my take on things. Business as usual

  6. #11926
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    Quote Originally Posted by BlackPeter View Post
    Not quite. It was (exacly) one year ago $8.20. But yes, forgive me for having been slightly inaccurate - I should have said "in a downwards channel for the last 10.3 months". Here is the channel I am talking about:

    Attachment 10230

    In case you are not quite clear - I printed the channel walls nice, fat and red for you ;
    Its amazing how much you can make on this share in a downtrend, it's a milky gift that just keeps on giving unless you bought and held at the top end.

  7. #11927
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by winner69 View Post
    BP ....pretty dismal eh

    But channel might look different if you used ln(price) data (as the spotted one would suggest)
    Log wouldn't make much difference given the quite limited span. But feel free to check it out ...
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    "Prediction is very difficult, especially about the future" (Niels Bohr)

  8. #11928
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    Quote Originally Posted by BlackPeter View Post
    Log wouldn't make much difference given the quite limited span. But feel free to check it out ...
    Not a log scale but plotting ln(price). I got told off by the spotted one once for doing what you did.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #11929
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    Quote Originally Posted by BlackPeter View Post
    Not quite. It was (exacly) one year ago $8.20. But yes, forgive me for having been slightly inaccurate - I should have said "in a downwards channel for the last 10.3 months". Here is the channel I am talking about:

    Attachment 10230

    In case you are not quite clear - I printed the channel walls nice, fat and red for you ;
    If you plot the trend from beginning of 2017?

    Looks like the uptrend is still intact.

    Meanwhile, there are still 50m shares (a cool $500m) still short!

  10. #11930
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    Quote Originally Posted by Balance View Post
    If you plot the trend from beginning of 2017?

    Looks like the uptrend is still intact.

    Meanwhile, there are still 50m shares (a cool $500m) still short!
    Yep over 6% shorts yet they dont seem to be doing much to the price overall of late, I wonder how many are going to hang around right up till the Feb result and risk being incinerated as they were last Feb.

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