Well although I was hesitant to ring Your Money Your Call on the SKY BUSINESS Channel tonight cause Ken Bloomfield was the presenter & he is more of a blue chip stockbroker I bit the bullet and rang just the same - to my surprise even Ken seemed to be receptive (very out of character for him) & both other panelists (who's surnames & firms escape me right now but will post when I remember) said that technically the stock looks great & no reason why it won't keep going up & NO sell signal on it - gave it a bit of a wrap specially following through the A2Milk story....
EXACT WORDS OF one of the panelists CHRIS :
No technical reason why you wouldn't buy the stock right now
It does look very strong
Momentum is great
Volume is picking up
There's NO TECHNICAL INDICATOR that I look at that's suggesting that the stock is overbought as I said there's NO TECHNICAL REASON NOT TO BUY IT
Then the other panelist Patrick summed it up & said Who wouldn't want to have an A2Milk run at the beginning' TECHNICALLY IT'S WONDERFUL"
GREAT WRAP ALL AROUND - Very happy with outcome...
I will post a link to the podcast of the show tomorrow morning
The show has a lot of viewers so we will see how we go tomorrow should get new investors on board...
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