A2 Milk past indicators
Greetings,
I few weeks I posted an annotated chart of A2M stock and was predicting the future price trend:
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:
imgur.com/a/8VGk799
Just a penny for your thoughts :)
I few weeks I posted an annotated chart of A2M stock and was predicting the future price trend:
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:
imgur.com/a/8VGk799
Just a penny for your thoughts :)
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