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24-07-2018, 12:17 PM
#9611
Originally Posted by Baa_Baa
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 12:21 PM.
one step ahead of the herd
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24-07-2018, 01:08 PM
#9612
Originally Posted by carrom74
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
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24-07-2018, 02:34 PM
#9613
Originally Posted by Snow Leopard
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 02:37 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
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25-07-2018, 10:54 AM
#9614
one step ahead of the herd
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25-07-2018, 10:57 AM
#9615
Originally Posted by bull....
$20,000 is such a small fine for such a silly rule.
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25-07-2018, 10:59 AM
#9616
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25-07-2018, 11:01 AM
#9617
Originally Posted by Ggcc
$20,000 is such a small fine for such a silly rule.
Not a silly rule if they're still learning their market.
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25-07-2018, 02:08 PM
#9618
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25-07-2018, 02:25 PM
#9619
Originally Posted by RGR367
Not a silly rule if they're still learning their market.
I call it another form of advertising. 😊
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25-07-2018, 03:35 PM
#9620
Member
Originally Posted by Ggcc
$20,000 is such a small fine for such a silly rule.
Whats silly about the rule?
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