A2M 1.50% $5.90 the a2 milk company limited

A2M - Tea Leaf reading update : ), page-105

  1. 6,296 Posts.
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    i mentioned this over in the FMG thread today: when you see a prominent previous high approaching, its sometimes good to put in a sell order slightly below the previous high price, as that often acts as a point of resistance... you can lock in some profits and milk a few c's...

    previous high: $2.36
    todays high: $2.35
    close: $2.24

    if it continues to move higher, you can always buy back at a few c's premium... thats the price you pay for the milk...

    small retraces are healthy for stocks... see what happens to the dow tonight, but should be a good thing for the stock int he long run... trade the break!
 
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