We cant say double bottom as yet ...lets at least test 14 again for next few days ...then we can sure of double bottom if it doesn't break ...IMHO
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"14 - 60 , might as well say its a 6 times price test?"
looks like this range has been tested many times.
The situation with china and its political pressure tactics must be factored into prices. Geo risk for this stock is high.
DISC: previous holder and hope to again.
I hear ya couta,I finally had enough over on HC,put a whole lot on ignore & suggested everyone stop giving them oxygen by not posting anything today as a social experiment..."radio silence" lol
Agree Geo-risk IS high ATM. Against my better judgement have a significant shareholding bought at $20 so underwater...
However with high risk comes high reward, (see this mornings SMH 'China Relations' headline), situation between Aust-China needs to improve first and Biden's moderation will surely help calm the testiness down. ATM is after all a NZ company - right?
Once again, the ASX knocks out the NZX enthusiasm.
Why would anyone buy on the NZX before the opening in Oz??
Yeah, I've just spent the morning sharpening my sword.
I'm either gonna behead the first Aussie I come across, or I may fall on it yet...
Decided I'm going to take an extended break from the forum, my wife won't let me have the changed password for 6 months to start, after that I doubt I'll be back. I'm a go big or go home kinda person and have excelled in quite a few areas of life because of that and I'm not about to change a formula that has worked well for me through the years. Some no doubt will be happy to see me go, thats their prerogative, it is what it is. Adios Couta.
Attachment 12100
For whom the milk spills.