A2M 0.15% $6.45 the a2 milk company limited

Chart Update, page-14899

  1. 456 Posts.
    lightbulb Created with Sketch. 469
    Stopped out of my last lot today. Now Non-holder.

    Breaking through long term very strong support of $13.20 indicates to me market (or may be insider) are weary of this stock. This confirms bearish trend and look for next key support at $11.35, breaking that may see below $10.

    https://hotcopper.com.au/data/attachments/2704/2704298-4ea570ade1ca71f228abfffb9cf0eed9.jpg
    If I see positive side, have locked 20% profit and exited. On hindsight, could have exited above $19 (so made average 30% loss in profit) but taking chance is a game of stock market. And that's why I play into stop-loss, at some point say enough is enough and take money home.

    DYOR. GLTAH
 
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