A long wick at the bottom on the candle following a few days of downwards price action is generally followed by a few up days. It could be a V-shaped recovery to the all time highs but this will depend on the results. I think good results should see us get back to all time highs and any surprise announcements will see us break those highs. I am sure there will be some exciting announcements in the coming months but I don't know if they are going to be made now or if management will wait for the investor strategy conference to make the announcements.
New product lineup announcements are well overdue (especially with respect to Fonterra).
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$4.78 |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $4.75 |
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Price($) | Vol. | No. |
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2 | 15277 | 4.740 |
3 | 15200 | 4.730 |
4 | 59491 | 4.720 |
3 | 18485 | 4.710 |
Price($) | Vol. | No. |
---|---|---|
4.780 | 4935 | 1 |
4.790 | 43483 | 2 |
4.800 | 32053 | 2 |
4.830 | 3500 | 1 |
4.850 | 28421 | 3 |
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