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04-02-2021, 08:01 AM
#7021
The Snow Leopard has better eyesight than me.
Also quicker to spot the new uptrend.
I decided yesterday [after prompting from Joshuatree] SKT was buy-able ,and brought at 17.3 cents.
ps.Told the wife I brought them in her name.Well that started the war."Why buy them?,they are hopeless,only repeats,should have asked me first."
pps.If the share price does not perform I will never hear the end of it.....lol.
Last edited by percy; 04-02-2021 at 08:06 AM.
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04-02-2021, 08:13 AM
#7022
Junior Member
Originally Posted by percy
The Snow Leopard has better eyesight than me.
Also quicker to spot the new uptrend.
I decided yesterday [after prompting from Joshuatree] SKT was buy-able ,and brought at 17.3 cents.
ps.Told the wife I brought them in her name.Well that started the war."Why buy them?,they are hopeless,only repeats,should have asked me first."
pps.If the share price does not perform I will never hear the end of it.....lol.
Never hear the end of it? Almost like "only repeats".
Last edited by Tripp; 04-02-2021 at 08:24 AM.
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04-02-2021, 08:21 AM
#7023
Originally Posted by Snow Leopard
So I pose the question to all, when do you decide that the downtrend is over and thus the stock is buy-able?
Depends on what timeframe you're looking at. Would I buy SKT as a long term hold after a daily trend change? No, as it's in a monthly downtrend. Would I buy SKT on a monthly trend change? Yes. Monthly trend changes after very long down trends have a reasonably high rate of resulting in large moves.
It could be noted that it's still in a downtrend on longer timeframes, however I don't tend to rely on these (but keep them in mind) as they are far slower reacting than potential changes in business performance.
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04-02-2021, 08:26 AM
#7024
Originally Posted by percy
The Snow Leopard has better eyesight than me.
Also quicker to spot the new uptrend.
I decided yesterday [after prompting from Joshuatree] SKT was buy-able ,and brought at 17.3 cents.
ps.Told the wife I brought them in her name.Well that started the war."Why buy them?,they are hopeless,only repeats,should have asked me first."
pps.If the share price does not perform I will never hear the end of it.....lol.
Percy, I am reasonably sure that you are enough brownie points ahead to allow for the odd dud! Although think low risk from here (ie how low can they go!)
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04-02-2021, 08:28 AM
#7025
https://www.nzherald.co.nz/business/...ectid=12418815
Not a huge amount of enthusiasm from Jarden for Sky.
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04-02-2021, 10:31 AM
#7026
Nice start to the morning. I'm hoping for a small pullback mid-afternoon to add some more funds though, or will today be a day of climbing on the back of the guidance increase.
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04-02-2021, 10:44 AM
#7027
Originally Posted by percy
Would have thought the TA experts would be saying all the buy signals have been there for everyone to see.
Share price at a new 6 months high.
Breakout on upside of a sideways oblong.
Share price above 50 day and 200 day moving averages.
MACD up.
RS up.
Hello!!
Attachment 12285
For clarity, nothing I say is advice....
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04-02-2021, 10:54 AM
#7028
Originally Posted by peat
As per usual I am a bit late to the party,but in time for the eats....lol.
Last edited by percy; 04-02-2021 at 10:57 AM.
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04-02-2021, 11:18 AM
#7029
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04-02-2021, 11:23 AM
#7030
Member
Took a small position today. I think it's hated and therefore oversold.
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