dont ever say or think that owning equities creates money for nothing
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$11.21 Australian finish, which means $11.85 finish in New Zealand dollars. Looking good for tomorrow, but understand that we could see a drop as that is a big increase
What a great few days. TA suggested the breakout significance days ago, then confirmed by three backtests (daily chart), each offering buyer opportunity with decreasing risk as each signal locked in. Then BOOM up she goes today with good volume and opportunity to unload a few into strength for a nice few days profit while retaining a few more for the long hold growth portfolio. Plenty of resistance above here so it's not for the Luddites with no ability to read or move with the market, but this is gold for those that do have the skills. Look at the volume and $ traded today on NZX and ASX, the trick is simply dipping your cup into the tide at the right time and drinking from the cup at the right time, it doesn't even have to be perfect timing. The tide will do whatever it wants, just learn how to use the cup.