sharetrader
Page 236 of 1942 FirstFirst ... 1361862262322332342352362372382392402462863367361236 ... LastLast
Results 2,351 to 2,360 of 19415
  1. #2351
    Banned
    Join Date
    Nov 2013
    Posts
    8,516

    Default

    Quote Originally Posted by winner69 View Post
    Clearly below both MA50 and MA100 and a Death Cross possible in day or two and price back to where it was last July

    In spite of the enthusiasm and hype the chart tells another story and its not good
    No worries winner, this is a true and classic 5-10 year hold stock if there ever was one, as hard as it is to watch the SP drop due to the current macro environment it's really just noise for long termers.PS- My wife told me I'm not allowed to sell any of these for at least 5 yrs, I ignored that advice 5 years ago with RYM and SUM, better listen this time.
    Last edited by couta1; 11-12-2018 at 04:51 PM.

  2. #2352
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    5,295

    Default

    Quote Originally Posted by winner69 View Post
    Clearly below both MA50 and MA100 and a Death Cross possible in day or two and price back to where it was last July

    In spite of the enthusiasm and hype the chart tells another story and its not good
    SP is below 50/100 DMA, correct, has been for a couple of weeks. No 'death cross' in sight though, not sure what you're looking at, at least not for the typical 50/200 MA cross.

  3. #2353
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,739

    Default

    Quote Originally Posted by Baa_Baa View Post
    SP is below 50/100 DMA, correct, has been for a couple of weeks. No 'death cross' in sight though, not sure what you're looking at, at least not for the typical 50/200 MA cross.
    my bad baabaa ....I was looking at the 50/100 cross coming up

    Even Black Peter will tell me off for that
    Last edited by winner69; 11-12-2018 at 04:59 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #2354
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    5,295

    Default

    Quote Originally Posted by winner69 View Post
    my bad baabaa ....I was looking at the 50/100 cross coming up

    Even Black Peter will tell me off for that
    No worries, more concerning imho was the drop a few days ago below the long term (May 2017) steep rising trendline and whether it holds at current horizontal support (multiples) July 2018, or drops lower which would take it down through the current SP at 200MA $1.11 and below that the 200EMA $1.09 comes into play.

    If it did breakdown, I'd see that as a bargain and patiently wait for it to settle, then when it reverses load-up for the long haul as Couta et al keep reminding us.

  5. #2355
    Outside thinking.
    Join Date
    Jan 2013
    Posts
    2,563

    Default

    Quote Originally Posted by Baa_Baa View Post
    No worries, ......(if).. it holds at current horizontal support (multiples) July 2018, or drops lower which would take it down through the current SP at 200MA $1.11 and below that the 200EMA $1.09 comes into play.

    If it did breakdown, I'd see that as a bargain and patiently wait for it to settle, then when it reverses load-up for the long haul as Couta et al keep reminding us.
    That's pretty much my thinking too.....although I've already acquired a few, there is plenty of room for more at 'sale prices'.

  6. #2356
    Member
    Join Date
    Jul 2017
    Posts
    313

    Default

    Not really a fan of following charts for the short term but I appreciate value. A few cents here or there won't be talked about in 5 years time. I'll keep accumulating more as this price continues to trickle downwards. At a conservative 6c dividend in 2019, I think that its a awesome buy right now for dividends alone, but given the long term potential there's alot to like.

  7. #2357
    Member
    Join Date
    Oct 2015
    Posts
    346

    Default

    Quote Originally Posted by couta1 View Post
    No worries winner, this is a true and classic 5-10 year hold stock if there ever was one, as hard as it is to watch the SP drop due to the current macro environment it's really just noise for long termers.PS- My wife told me I'm not allowed to sell any of these for at least 5 yrs, I ignored that advice 5 years ago with RYM and SUM, better listen this time.
    Wise words. I first bought these at $1.00 in October last year, and sold them in April when they seemed to me to just be stagnating. Needless to say I have regretted that ever since! Bought back in and now keeping itchy fingers well away from the trigger on this one.

  8. #2358
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    10,993

    Default

    going down as forecasted by the charts and mentioned on here . waiting for the next offload by maquarie at 1.08 or is it 1
    one step ahead of the herd

  9. #2359
    always learning ... BlackPeter's Avatar
    Join Date
    Aug 2007
    Posts
    9,497

    Default

    Quote Originally Posted by winner69 View Post
    Clearly below both MA50 and MA100 and a Death Cross possible in day or two and price back to where it was last July

    In spite of the enthusiasm and hype the chart tells another story and its not good
    Hmm - maybe you should ask Santa Claus for some new pair of glasses. Where would you see this "Cross of Death" coming in the next couple of days?

    OCA.jpg

    Cross of Death is when the MA50 (the green line above) crosses the MA200 (the red line above). Still some way to go - isn't it? SP didn't even dip through the MA200 yet, which would be the first prerequisit to (potentially) get a cross of death.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  10. #2360
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    10,993

    Default

    http://www.sharechat.co.nz/article/2...erty-play.html

    ryman is the best but most are overvalued
    one step ahead of the herd

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •