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  1. #9611
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by Baa_Baa View Post
    The slow leak continues 28.5% off the high SP. First time the approaching 200ma ($10.27) has been in play since Nov 2016, that and beneath it the low 24 May ($9.99) and beneath that the gap close ($9.40) should all offer decent price support. So a support range from here $10.45-> $10.27 down to $9.40 = about $1.00 range for people to make up their minds whether enough is enough, be that bail hold or buy. Indicators reckon there's still room to the downside. Another salutary lesson in not buying or holding confirmed down trends, especially in a non-earner. It's all about capital.
    excellent points esp the last

    a2 still got alot of catching up to do with others in the sector, you could say it is out performing at the moment
    Last edited by bull....; 24-07-2018 at 11:21 AM.
    one step ahead of the herd

  2. #9612
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    Quote Originally Posted by carrom74 View Post
    Well.. All the best to both of us then...

    Bought a small parcel at $10.48.
    Got hit too on 10.35 and unless it really go down by another dollar or more, I won't be adding anymore of this to my safe box

  3. #9613
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by Snow Leopard View Post
    Here we go again. You have to love the 'TA' guys and there emotive rants against the mythical buy and hold.

    Go find a chart, with a 4 year time frame and spot the unbroken uptrend (even on a log chart).

    Zoom it out to 10 years and have another look at the beauty there is to behold.

    There is more than one way to shear a sheep, you know.


    Disc: Own some, but not as many as I once did.
    This hound is in full agreement with the snow leopard...imagine a beagle and snow leopard eating from the same food bowl and then try and get that image out of your mind lol.

    Seriously...somebody show me an example of where Rome WAS built in a day, of course you can't find one ! These guys have laid a great foundation for future growth but it takes TIME.
    Just like my furry fellow shareholder I don't have as many as I once had, having sold about half some time back but long term what a fantastic story so far and I am happy to buy back the stake I sold in the high 12's once we see confirmation of a new uptrend. There's more than one way to skin a cat, (with apologies to my canine friend).
    Last edited by Beagle; 24-07-2018 at 01:37 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  4. #9614
    ShareTrader Legend bull....'s Avatar
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    one step ahead of the herd

  5. #9615
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    Quote Originally Posted by bull.... View Post
    $20,000 is such a small fine for such a silly rule.

  6. #9616
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    Quote Originally Posted by bull.... View Post
    That explains the drop in SP

  7. #9617
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    Quote Originally Posted by Ggcc View Post
    $20,000 is such a small fine for such a silly rule.
    Not a silly rule if they're still learning their market.

  8. #9618
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    Turn around? or dead cat? If it is turn around, the last drop on 22/5/18 appears to be a bit lower than the 23/7/18 low. We will see at end of day. Wow, might be two up days in a row.
    Last edited by see weed; 25-07-2018 at 01:11 PM.

  9. #9619
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    Quote Originally Posted by RGR367 View Post
    Not a silly rule if they're still learning their market.
    I call it another form of advertising. 😊

  10. #9620
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    Quote Originally Posted by Ggcc View Post
    $20,000 is such a small fine for such a silly rule.
    Whats silly about the rule?

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