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  1. #5791
    Alley Cat Brain's Avatar
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    Quote Originally Posted by peat View Post
    yes they do bull....
    trendlines mostly depict a break
    Attachment 9270

    S/R exists around your stated area. except I would stretch it a bit wider say down to 4.50. its a bit fuzzy

    while the shape over the last year looks precarious with that wonky W and two 78% retracements it could also be seen as a pennant bull flag, a period of consolidation before the next run.
    From that I guess I can conclude that from a TA perspective this share could go either up or down in price. I am pleased that we can rule out the possibility that it will stay the same price.

  2. #5792
    Legend peat's Avatar
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    haha yeh exactly. I cant tell - it needs to declare itself more.
    For clarity, nothing I say is advice....

  3. #5793
    ShareTrader Legend bull....'s Avatar
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    the move could be extremely large when it happens from that sort of pattern
    one step ahead of the herd

  4. #5794
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    Don't worry guys. It can drop and then rise. Long term, keep your mind on the long term for this share and good companies in general. There's a lot of uncertainties with life, how ever the long term is rosie. Chin up, keep on researching.

  5. #5795
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    Would have liked to get some at 4.60. Got some at 4.65 and 4.66. I like what you are saying Bull - I cant understand this level but happy to buy more. Biggest part of my portfolio now and will keep buying at these levels

  6. #5796
    IMO
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    Looking vulnerable again @ $4.68 close today. Land purchase no affect. Summerset Purchases Additional Land for Casebrook Village

  7. #5797
    Senior Member
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    I couldn't help but buy some more today. Doubled my small holding.

  8. #5798
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    Until they confirm their profit plus give a guidance for the year after things will stay stagnant for a while or head further south

  9. #5799
    Senior Member
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    Agreed, but that's the bet

  10. #5800
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    Lower the better for me - I'll keep buying

    Lower entry and lower DRP pricing is great IMO for my stage in investing

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