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Originally Posted by Huang Chung
Started picking WPL up around the $37 mark, thinking that was cheap .
What a brutal couple of weeks.....
Looking ahead, I think you bought CBA as well before the technical drop to $29.00. I did the same with SGB, WES and LEI. Although, it's good to see a reasonable result from MQG.
WPL at $37 was the support and when it broke that support, it's gonna drop another $10 bucks. Just like CBA support at $38. and Cabcharge at $6.50. Will CAB drop to $5.00. Will soon see.
The next that might drop below the zone looks like ASX. And if it close below $28.90, should go another $8. All in the guessing game. It hasn't improve me technically yet but I am starting to learn little bit and pieces.
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