A2M 1.84% $4.81 the a2 milk company limited

Chart Update, page-15273

  1. 910 Posts.
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    My main problem with technical chart investors is that they never tell you the WHY their support or trend lines failed. I can’t tell you the amount of times I’ve seen someone post about a gap or support or trend line or whatever for it to never eventuate and then see the same person post a new support line the next day but never explain what went wrong. It would be like me changing my Intrinsic Value the next day after share price past or fell below the IV. To me it’s just hoping that herd mentality happens per past price action. I personally think going against what everyone else is doing gives you the biggest gains. If you do the average you get the average. People will say my problem is I don’t understand TA and they are correct. But to me TA misses a lot of information that makes up an IV. The chart doesn’t take into account the release of an upgrade or downgrade of revenue, new large contract or the announcement of a new product. A2M TA charts can’t see the vaccine rollout and the reopening of international borders for the diagou channel. Just my thoughts. Nothing beats buying a great company for a fair (or cheap) price and holding for a long time.
    Last edited by nicarena: 05/01/21
 
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Last
$4.81
Change
-0.090(1.84%)
Mkt cap ! $3.482B
Open High Low Value Volume
$4.92 $4.95 $4.80 $8.716M 1.802M

Buyers (Bids)

No. Vol. Price($)
2 10795 $4.81
 

Sellers (Offers)

Price($) Vol. No.
$4.83 5662 1
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
A2M (ASX) Chart
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