What to do with A2 Milk on trendline support. $A2M
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.
If we could close above $15.68 area, I may consider a long position in A2 Milk.
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