New support levels at 4.20? Or is the SP going to keep freefalling after the cuts in the Hoki qouta and future qouta cuts telegraphed by the beehive. The fishing sector is desperately in need of some consolidation and new ideas.
Bring on GPG! [}:)]
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New support levels at 4.20? Or is the SP going to keep freefalling after the cuts in the Hoki qouta and future qouta cuts telegraphed by the beehive. The fishing sector is desperately in need of some consolidation and new ideas.
Bring on GPG! [}:)]
I don't know how accurate the supposition of a support level at $4-20 for SAN is, but the earlier flagged resistance level of $4-70 has reared its head again.
Pleasing to see that the newly opened Auckland Fish Market has landed at least one of the industry heavyweights. Has anyone had an opportunity to look around the market perchance?
Regards JAMP
NZX: MCH MFT RBD SAN SKX SPN VTX WRI
Unlisted: KCE SUB
Not many support levels below 400
Uncharted waters now
I purchased 500 at 4.30 not long ago, just to dip my toes in water so to speak, would love them to plummet, (he says sniffing a bargain) May take a while but every dog has its day !
My buy finger has well and truly been twitching on this one.
I transferred funds from my bank account on Monday morning (before work) with the intention of buying more SAN on Tuesday. I didn't find out about Access Brokerage being in liquidation until Monday evening (after work) by which time it was too late to cancel the funds transfer.
Right about now I would rather have my funds drifting on the open sea with SAN than freezing in the BNZ vault.
Regards JAMP
NZX: MCH MFT RBD SAN SKX SPN VTX WRI
Unlisted: BRK
Pity about the bad timing on your funds transfer Jamp
You are keen about picking the bottom of SAN aren't you ... do you see that much value in them?
Maybe should join the ATR fan club instead
Although there are certain divergences between some volume based oscillators and price, it does not mean that a bottom has been reached. You really have to wait for price action to confirm.
How low is too low....I certainly wouldn't be jumping in just yet!
Jamp - hope things work out for you re Access.
Rgds
My first day back in employment too after being unemployed for longer than anticipated. It nearly put a dampener on the day, but not quite.
I will just have to hope that the share price stagnates until such time as my funds are freed up (always the optimist). In nature I am a little contrarian, so at the moment I feel this has me stamped all over it. No guarantees that we have seen the bottom, but as soon as my bait arrives I am happy to sling it on my hook, dangle it over the side and see what happens.
Regards JAMP
NZX: MCH MFT RBD SAN SKX SPN VTX WRI
Unlisted: BRK
Gotta be happy the first day back is a Friday :DQuote:
quote: Originally posted by Jamp
My first day back in employment too after being unemployed for longer than anticipated. It nearly put a dampener on the day, but not quite.
Sideshow
Jamp. For me the last buy signal was at the end of July followed by a sell 10 days later with a 2% loss. Sorry about the funds to Access debacle.
I'm with Stockman on this one - not yet.