Blackmores China bubble bursts

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From BKL:

I know nothing about this stock but I know a bad chart when I see one. Critical support just gave way:

Funny, emerging Asian middle class demand still seems a good growth story and it’s not expensive at 19x.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.