The Heiken Ashi chart averages out the candles and provides a clearer view of price trends, currently a very steep down trend close to 61.8% fib retrace of the all time high (providing support this week). The booking.com breakaway gap hasn't quite closed, something that will happen next week if the trend continues. A breakdown of support at $3.50 brings $3.13 support into play. Other supports below are marked. Classic falling knife.
Chart supports, bah, no support.
Originally Posted by Baa_Baa
Always good buying below $1. Very worrying stock to be hoping and preying in a market 'correction' driving the sword into the Travel industry that has every hallmark of turning into a full blown 'bear' market.
Always buy Serko at 50c?? Lol nah will be a painful few months but let’s not forget the position Serko has provided corporate travel doesn’t disappear forever
Always buy Serko at 50c?? Lol nah will be a painful few months but let’s not forget the position Serko has provided corporate travel doesn’t disappear forever
As sad a prospect as that is .. I suspect Monday will be pushing close.
I am thinking of offering the few rolls of toilet paper we have squirrelled away for SKO shares to see if I get any takers
Already taking advantage of free listings on Trademe to liquidate everything that is not bolted down so I have some spare money. Once in a lifetime chance to get ahead is the small silver lining to this disaster.
As sad a prospect as that is .. I suspect Monday will be pushing close.
I am thinking of offering the few rolls of toilet paper we have squirrelled away for SKO shares to see if I get any takers
Already taking advantage of free listings on Trademe to liquidate everything that is not bolted down so I have some spare money. Once in a lifetime chance to get ahead is the small silver lining to this disaster.
I am bleeding badly from this one, no surprises there and I am sure I am not alone. I am a long term investor in this one and will find it very hard to resist topping up @ $0.50 even though I already have too many for a wee Bear. Oh dear. And then the word Wynyard pops into my mind and fear creeps in
I am bleeding badly from this one, no surprises there and I am sure I am not alone. I am a long term investor in this one and will find it very hard to resist topping up @ $0.50 even though I already have too many for a wee Bear. Oh dear. And then the word Wynyard pops into my mind and fear creeps in
Rupert me old mate - Serko is not a NO WORRIES stock.
I am bleeding badly from this one, no surprises there and I am sure I am not alone. I am a long term investor in this one and will find it very hard to resist topping up @ $0.50 even though I already have too many for a wee Bear. Oh dear. And then the word Wynyard pops into my mind and fear creeps in
Join the club mate....think 5 years. Update from SKO today here.
Originally Posted by Cadalac123
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