same thought about BUB.
Printable View
Most dairy cattle in China are Chinese Black and White and are derived from cross-breeding between the local yellow cattle and Holstein. (Holsteins are renown for their milk production - but also carry A1) They aren't the A2 favoured Guernsey or Jersey. So China will need to focus on the Holstein breed and locate the A2 only stock from there. Or import A2 semen and start a breeding programme - which takes time
I didn't catch the falling knife low enough yesterday...but will be looking ok after today methinks.
if ya got in around that $14 level yest doing nicely today. not bad swing trading. US markets monday printed a pretty close to a dojo bottom an oversold so was odds on for a rise last night but didnt expect the size of the move. anyway the stock will continue to swing with the flow of the macro and news events
https://www.ccn.com/dow-jones-china-trade-war-reversal
China’s Ministry of Commerce issued a statement that unexpectedly advocated for Beijing and Washington to return to the negotiating table.“The Chinese side always believes that the differences and frictions between the two sides in the economic and trade field will ultimately need to be resolved through dialogue and consultation,” the statement said, according to a CNBC translation.
Im picking that we will dribble on until Aust opens today then the SP should be a little firmer.
I think it looks horrible on the chart. Massive break of uptrend that was in place from Oct 2018 lows. Next buying support level is $12.60 area.