Greetings,
I few weeks I posted an annotated chart of A2M stock and was predicting the future price trend:
imgur.com
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...
Not very experienced with technical analysis so would like to know peoples thoughts on A2 Milk's future stock prices based on these 2 indicators.
Falling wedge = potential bullish breakout
Head & shoulders top = potential bearish breakout