Ouch, that is awful. Shares have been in a nice uptrend for quite some time and nicely above 100 day MA for ages...but that's now been breeched and company is forewarning of lower profits for FY19.
Correction from ~ $6.85 in early July all done and dusted yet ? You folks be the judge.
By the way....I brought up the chart today. There was a very clear head and shoulders a little while ago, seldom have I seen a clearer head and shoulders image. The warning signs were there for those into TA. Surprised nobody on here mentioned it before ?
Bookmarks