Can I offer you a couple of asparagus rolls?
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Can I offer you a couple of asparagus rolls?
)nly one bad day from breaching that all important 200MA line (may have dipped below today but hard to see on yahoo)
That could result a rush to the exits in the next day or two ...seems to trigger a few sells from punters on here
I feel happy enough with accumulating this one into its lows, where ever that might end up, despite the TA, as I have no intention of selling it.
That's a bit strange, coming from a predominantly capital sensitive, TA informed active investor. But long term yield improves with every lower entry price.
Go figure. It's the long game with this company, and ... insert everything Beagle has said about the FA, tailwinds etc etc.
Jmho.
Winner just yanking the Beagle's tail and ears I reckon. Just brought up the chart and 100 day MA is $1.15 and no breakdown through that yet. ANZ securities super charts showing 180 day MA is only $1.09 so nowhere close to a breakdown through 200 day MA unlike SUM other companies.
Ha, you nailed that. Winner the teaser, the tempter, the sentiment manipulator, (no disrespect) would be good to post some real T/Analysis to back either his/her assertions. Or why it matters with this stock,
Actually, who cares about a 200 DMA if great buying opportunity is presented that boosts yields over a long term horizon?
If I could buy this at half the price because the TA took I there, I would. It'd help to make up for being a bit late to the party.
the break of 1.15 will be bearish
We seem to spend an inordinate amount of time agonising over OCA as it trades between $1.15 and $1.20. I think we all know the drill here - McQ still owns a big, controlling stake; they'll probably sell down again sooner or later; as Beagle says, it's a long term game. Enough?
I would like somebody to tell me what is so magical about the 200 day moving average. What about a 250 or 275 day moving average?