azzarooni

A2 Milk past indicators

ASX:A2M   THE A2 MILK COMPANY LIMITED
Greetings,

I few weeks I posted an annotated chart of A2M stock and was predicting the future price trend:

https://imgur.com/a/KkdrqP5

Now that time has passed I have observed that in fact the head & shoulders/neckline indicator resulted in a slightly negative trend, however, later on we saw a trend reversal, as predicted by the falling wedge , as the 50 day moving average broke the upper resistance line:

https://imgur.com/a/8VGk799

Just a penny for your thoughts :)
Apologies for the pic attachments. Not sure how to make it appear in the paragraph itself
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