ATM - A2 Milk Corporation Limited

[BlackPeter]

What was the previous all time high for ATM

$14.62 nearly a year ago (22. 2. 18), but closed that day significantly lower. If we get a double top, this would be an amazing entry point for shorters ;

[winner69]

$14.62 nearly a year ago (22. 2. 18), but closed that day significantly lower. If we get a double top, this would be an amazing entry point for shorters ;

Thanks

That was what some called a blow off top

[sb9]

Thanks

That was what some called a blow off top

Yes, it did blow off top. Offloaded some at that time around $14 mark and bought more of those at low $10s late last year. If it blows off again like last year, will lock in some profits.

[Leftfield]

I actually think it is a very pertinent risk to all NZ exporters as China holds the upper hand when it comes to trade with us.

We are able to compete in China on the back of the huge store of goodwill built up over the years by the Clark government (first FTA in the world with China by an OECD country) and then, John Key's smooth diplomacy of making sure that NZ did not get offside with Western vs China politics.

Now we have an inexperienced blundering government simply following in the shadows of US and Australia in antagonizing China with all kinds of silly decisions.

Definitely a risk to watch and monitor very carefully.

As this article reports, China has a lot of more serious issues to confront and the 'Tariff Wars' are beginning to highlight some of these weaknesses.

Against this there will be a lot of pressure on the Chinese Govt by its own growing middle class to maintain the quality of life that it people are now used to.

As an insurance against over reliance on China I would like to see ATM strengthening ties in other Asian countries such as South Korea, Japan etc.

[sb9]

Might try to claim the $14 mark today on back of strong US markets.

[bull....]

Might try to claim the $14 mark today on back of strong US markets.

a2 under performed yest maybe make up today but maybe waiting for results

[sb9]

a2 under performed yest maybe make up today but maybe waiting for results

Guessing you're now long on A2, hey bull...

[bull....]

Guessing you're now long on A2, hey bull...

t/a means being long or short when appropriate , a2 is a good stock for both plays

[sb9]

t/a means being long or short when appropriate , a2 is a good stock for both plays

For sure, its good trading stock if you're upto it and time it well as a trader.

[bull....]

For sure, its good trading stock if you're upto it and time it well as a trader.

yes takes some balls sometimes with this stock