My point was my point, try reading it again JCoure. But in case you need me to spell it out again, Australia benefits from the activities of daigou. It's a revenue stream in the form of taxes on sales, paid by both A2 and the retailer. It would be dumb to try banning that when we need revenue more than ever. I don't know why you keep downramping currently JCoure, but your wrong... the SP will be going UP from here.

Anyways... not much to report here, but A2 has been mentioned so I'm sharing it; Most worthy observation in my opinion is that the share price is approaching the ATH, but RSI is still comfortable. (it has reached and even exceeded 80, and even 90 on occasion in the past).

https://investorwelcome.com/2020/04/05/hot-stock-to-keep-your-eyes-on-the-a2-milk-company-limited-asxa2m/

Hot Stock to Keep Your Eyes on: The a2 Milk Company Limited (ASX:A2M)

The a2 Milk Company Limited stock demonstrated 12-month low at AUD$11 -32.13% and unveiled a 12-month high of AUD$17 +4.09%. Prices of commodities, securities and stocks fluctuate frequently, recording highest and lowest figures at different points of time in the market. A figure recorded as the highest/lowest price of the security, bond or stock over the period of past 52 weeks is generally referred to as its 52-week high/ low. It is an important parameter for investors (as they compare the current trading price of the stocks and bonds to the highest/lowest prices they have reached in the past 52 weeks) in making investment decisions. It also plays an important role in determination of the predicted future prices of the stock.

If you are considering getting into the day trading or stock market, it’s a legitimate and profitable method for making a living. Every good investor knows that in order to make money on any investment, you must first understand all aspects of it, so let’s look at daily change, stock price movement in some particular time frame, volatility update, performance indicators and technical analysis and analyst rating. Picking a stock is very difficult job. There are many factors to consider before choosing a right stock to invest in it. If picking stock was easy, everyone would be rich right? This piece of financial article provides a short snap of The a2 Milk Company Limited regarding latest trading session and presents some other indicators that can help you to support yours research about The a2 Milk Company Limited.

The a2 Milk Company Limited (ASX:A2M) stock Trading Summary:

The a2 Milk Company Limited (ASX:A2M) stock changed position at -0.30%% to closing price of AUD$16.62 in recent trading session. The last closing price represents the price at which the last trade occurred. The last price is also the price on which most charts are based; the chart updates with each change of the last price. The stock registered Last trading volume of 3223202 shares. Daily volume is the number of shares that are traded during one trading day. High volume is an indication that a stock is actively traded, and low volume is an indication that a stock is less actively traded. Some stocks tend always to have high volume, as they are popular among day traders and investors alike. Other stocks tend always to have low volume, and aren’t of particular interest to short-term traders. The stock average trading capacity stands with 4.750M shares and relative volume is now at 0.68 ×.

The a2 Milk Company Limited (ASX:A2M) Stock Past Performance

The a2 Milk Company Limited stock revealed 0.0272% return for the recent month and disclosed 0.1846% return in 3-month period. The stock grabbed 28.6786% return over five years and 0.1871% return in yearly time period. Past performance shows you the fund’s track record, but do remember that past performance is not an indication of future performance. Read the historical performance of the stock critically and make sure to take into account both long- and short-term performance. Past performance is just one piece of the puzzle when evaluating investments. Understanding how performance fits in with your overall investing strategy – and what else should be considered – can keep you from developing tunnel vision.

Volatility in Focus:

The stock unfolded Volatility or average true range percent (ATRP 14) at 0.0491%. Volatility is a rate at which the price of a security increases or decreases for a given set of returns. Average true range percent (ATRP) measures volatility on a relative level. This is opposed to the ATR, which measures volatility on an absolute level. ATRP allows securities to be compared whereas ATR does not. That means lower-priced stocks won’t necessarily have lower ATR values than higher priced stocks.

Beta factor is now at -0.12. BETA indicates whether a stock is more or less volatile than the market as a whole. A stock that has a beta score higher than 1 means that volatility is high, while less than 1 means that volatility is low.

Overbought and Oversold levels

The stock has RSI reading of 56.61. RSI gives an indication of the impending reversals or reaction in price of a security. RSI moves in the range of 0 and 100. So an RSI of 0 means that the stock price has fallen in all of the 14 trading days. Similarly, an RSI of 100 means that the stock price has risen in all of the 14 trading days. In technical analysis, an RSI of above 70 is considered an overbought area while an RSI of less than 30 is considered as an oversold area. RSI can be used as a leading indicator as it normally tops and bottoms ahead of the market, thereby indicating an imminent correction in the price of a security. It is pertinent to note that the levels of 70 and 30 needs to be adjusted according to the inherent volatility of the security in question.

Analyst Watch: Analysts have assigned their consensus opinion on this stock with rating of 3 on scale of 1 to 5. 1 or 2 =>Buy view 4 or 5 => Sell opinion. 3 =>Hold. Analysts’ recommendations are the fountainhead of equity research reports and should be used in tangent with proprietary research and investment methodologies in order to make investment decisions.