A2M 1.73% $6.46 the a2 milk company limited

Oops my bad, my chart has messed u and so has I. Fat...

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    Oops my bad, my chart has messed u and so has I.

    https://hotcopper.com.au/data/attachments/1945/1945919-c1dba138985997bfebeb8070abe78321.jpg
    Fat Purple-Brown Lines (SMA50/200), Thin Orange-Black Lines (EMA50/200)


    With that I should amend what i wrote above.
    Please remove the upvotes and light bulb for my Post #: 42554836 and Post #: 42555531. I've asked mods to remove these post due to errors.

    It should read:

    If EMA 50/200, Golden cross was last Dec 06, 2019 closing at $14.53 (doji) - this appears to be the start of the apparent lift off.

    Comparing EMA and SMA:

    SMA 50/200
    Death Cross Oct 9, 2019 lagged by 37 trading days after the Aug 21,2019 sell-off
    Golden Cross Jan 22, 2020 lagged by 43 trading days after the Nov 19, 2019 lift-off

    EMA 50/200
    Death Cross Oct 09, 2020 lagged by 37 trading days after the Aug 21,2019 sell-off
    Golden Cross Dec 06, 2019 lagged by 14 trading days after the Nov 19, 2019 lift-off

    My thoughts:
    ~ SMA a laggard especially for Golden Cross
    ~64 trading day gap between sell and lift offs.
    ~ 29 trading days from death cross EMA and SMA to lift off.

    From the chart:
    bullish divergence set-up MACD. A. Sep 19 B . Nov 11, 2019.

    Current run up to earnings:
    MACD okish
    RSI okish
    Stoc RSI okish


    Should be a good run to Feb 27...


    Last edited by RHRCapital: 24/01/20
 
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