A2M 2.44% $5.19 the a2 milk company limited

Buy when everybody is fearful and pessimistic, page-121

  1. 13,806 Posts.
    lightbulb Created with Sketch. 1108
    I accept this is not a charting thread - however I am going to present charts that refute your proposition as i would hate for anyone to accept your hypothesis.

    Monthly Chart
    It has been on a terminal decline since reaching the $20 zenith during the beginning of covid (as marked by the green arrow).
    Now it is not even keeping track with the 8EMA and is in the lower half of the BB.

    https://hotcopper.com.au/data/attachments/4260/4260880-131ff7a71e6d709dde90b057a899fef0.jpg

    Weekly Chart
    Simply amplifies the magnitude of this demise as I have included the 32 and 50 EMA
    https://hotcopper.com.au/data/attachments/4260/4260899-606f9edf97219a4edcfc83774b9a007c.jpg

    Daily Chart
    Just in case you still have faith in your articles here is the daily chart and while artistically it does look nice it is an absolute disaster from an investment perspective.
    https://hotcopper.com.au/data/attachments/4260/4260928-9adb5a1a0fd63c44f3ab595644ec8140.jpg

    Lastly, it is fine to present hypothetical valuations, but as a FCPA I would never consider putting together numbers which are not supported by facts- conjecture and prognostication are not worth anything without facts.

    V

    PS- I do know this stock intimately have been an early investor and held up to the $14 mark.


 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
Last
$5.19
Change
-0.130(2.44%)
Mkt cap ! $3.757B
Open High Low Value Volume
$5.26 $5.29 $5.19 $21.70M 4.165M

Buyers (Bids)

No. Vol. Price($)
6 11002 $5.19
 

Sellers (Offers)

Price($) Vol. No.
$5.23 19654 8
View Market Depth
Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.