johninvesting9

What to do with A2 Milk on trendline support. $A2M

ASX:A2M   THE A2 MILK COMPANY LIMITED
A2 Milk retraces back to the trend line support today. This is NOT a buying opportunity for me because the risk is greater than the reward. We could open below the trendline next week and going down fast. Also, there is a gap on the chart that is yet to be fill.
If we could close above $15.68 area, I may consider a long position in A2 Milk.

Comments

I think it may go up to 15.6$
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Breakaway gap....
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johninvesting9 JackInvestor
@JackInvestor, To me, too early to call that is a confirm breakaway gap
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JackInvestor johninvesting9
@johninvesting9, has all the signs of one to me. Guess we know for sure after this earnings
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