A2M $2 Party (again), page-92

Hey everyone. I'll not beat around the bush


1. Volume is drying up. That means if instos want to accumulate they need to do it at higher prices...We will be in the $1.70's this week coming. Don't fret.

2. Becoming substantial shareholders will appear in the coming days/weeks. It''s cyclical.

3. A2 is one of the best forward looking and trending companies right now. If you're stressing while holding A2  then the stock market is not for you. You will probably end up selling at the wrong time and trying to buy in when you realise you're missing out. Do yourself a favour and trust the decision you made when you bought in. Nothing has changed in the company since then [ in fact it has probably only improved].

4. On a side note: We should not be too quick to take profits 17th Feb.

Why? Because the December sell off was global. Look at the S & P 500. Look at the global stocks on the same day. The dive in price was not a vote against A2m, it was a vote against what was about to happen globally. ...So expect the unexpected. I will still try take profit at some point, but don't be surprised if we trade sideways instead of diving. Graph out the USA S&P 500. You'll see that there is a hard ceiling/resistance coming up in March. The ASX will probably pull back around this time. DYOR ... Start thinking like an insto.


Graph below is S&P 500 showing a dive on the 29th Dec.


And following is the graph for A2m which shows a dive on the 30th.

Take away: Keep track on the s&P500 for major supports and resistance.



DYOR and GLTAH

A2 Team - member since 77c