Entry point offers good RR for a move back up towards high 200's. See comments ST sentiments only , Medium term trend remains bearish with the stock below its 50week MA.
Advantageous R/R trade upto TL and 50sma
Once an initial support is broken, i expect a move to fill that gap and into Support 2 at 17c.
Bitcoin has failed to even reach the supply line let alone break through it, trend indicator remains bearish and today we witnessed an outside reversal day.
SM1 is the supplier of the well known milk and infant formula maker a2milk. SM1 has recently broke out to new highs from a long base. Due to sector and stock strength, i expect the first pullback to be supported which may provide for an entry.
A Supplier of the well known milk and infant formula brand A2milk. All time high breakout on expanding volume replicating an earlier base. Any pullbacks are likely to be supported with underlying sector and stock strength.
sector poor relative performance. wide late stage base. extreme valuation. short with stops above recent swing high
Despite popularity of this stock on various forums it's showing signs of distribution. Caution advised
Upon the break of base support and trend line, this is short able in my opinion
Becomes shortable upon base failure. worth watching.
You could use the next rally to short imo, stock has now failed to hold and can be considered a broken leader.
ONe of the best performers of 2017, now looks to be reversing
Extreme volume at top and price was rejected. going lower MT imo. short strength
new high breakout. Use pullbacks to accumulate imo
SHV a potential turnaround to the upside, earnings due soon. Monitor this for price and volume velocity through $5
If it can follow in the footsteps of the success of rival APT, this should do very well.
a move through 6.3c would indicate confirmation of a higher high and a likely move to new all time highs / one to watch