ATM - A2 Milk Corporation Limited

[bull....]

I've decided I'm not going to read or comment on this forum for a week, I reckon I'll just let the Trolls/Downrampers and Gloom and Doom merchants have a party amongst themselves, I've still got a bit of money to do a bit of trading and have got more positive things to do including going to the Queen concert and buying a really good Telescope.

is the telescope to keep track of the a2 fall?

[winner69]

Yeah $14.10 will be a test but as you'll note I amended that post as from my observations the 30 day MA is a more useful indicator given its very high volatility.

Healthy to have opposing views on this one so the young ones get a variety of old hands opinions.

Jeez beagle said a few days ago the A2 share price of $14.10 is likely soon

Talk seems we’d be more than happy if it only fell to $14.10 next week

But $17 bucks could still happen

[RupertBear]

I've decided I'm not going to read or comment on this forum for a week, I reckon I'll just let the Trolls/Downrampers and Gloom and Doom merchants have a party amongst themselves, I've still got a bit of money to do a bit of trading and have got more positive things to do including going to the Queen concert and buying a really good Telescope.

Just bought a really good telescope myself Couta! An 8” Dobsonian. Its fabulous fun. Nothing more relaxing than gazing at the Moon and planets and nebula and other cosmic stuff after a roller coaster Market day. Get one you wont regret it!!!

[Balance]

Jeez beagle said a few days ago the A2 share price of $14.10 is likely soon

Talk seems we’d be more than happy if it only fell to $14.10 next week

But $17 bucks could still happen

Looks to me like A$12.70 as the support point - so $13.20 is the buy in point for the brave ones.

Big unknown is this :

https://www.shortman.com.au/stock?q=a2m

Shorters down to 6.72% so they have bought back 17m shares - in effect, providing price support in recent times.

Do they come out to play (short again) or take the opportunity to cover?

[Beagle]

Jeez beagle said a few days ago the A2 share price of $14.10 is likely soon

Talk seems we’d be more than happy if it only fell to $14.10 next week

But $17 bucks could still happen

A test of $14.10 looking far more likely than $17 now !

[Baa_Baa]

A test of $14.10 looking far more likely than $17 now !

Agree with the current sentiment, from a TA perspective $14.10'ish an obvious support being around the close from the gap-up 19/11/19. The other 12.70 and 13.20 projection is less obvious in a fog of numerous days trading before that, except being the high from the gap up (three days previous) and some obscure low closes a week or so prior. We see what we want to see in the charts. It's how we factor that into our buy/sell/hold decisions that counts.

Personally in the current climate I can see sentiment potentially hammering this (TA), so the real question is where you would preserve your profits and where you'd risk your dry powder.

[Beagle]

Be careful out there folks. This may be an appropriate image, please note the size of the teeth and claws.
https://www.bing.com/images/search?v...0&vt=0&eim=1,6
He's not a real bear but the market might be ?
I'm staying in my kennel sitting on my dry powder for the foreseeable future.

[winner69]

Surely Geoffrey being in charge will keep the share price up ...I’m told he is the Messiah

[Beagle]

Surely Geoffrey being in charge will keep the share price up ...I’m told he is the Messiah

Our friend will be looking for the answer in the stars

[winner69]

Our friend will be looking for the answer in the stars

Full moon next weekend ....percy’s favourite time of the month