Couta..I must admit when I read your posts it depresses me.. please please... put me out of my misery by doing my above quote and do it quickly...
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138,000 is a major increase in volume. Average daily volume over the past two years has been only ~30,000. The last time we got a large volume like this was in Dec 2012 when the share price turned around to shoot up sharply 20% within a week. Check the chart.
IMO, this is a very good sign that the stock price is now in recovery.
BC
All sales come to an end. Get in before it's marked back up to its RRP.
BC your positive vibes are pulsing out strongly...I can sense your eagerness ...hope you're right. Just seems like there are always more sellers than buyers and eventually the eager buyers get absorbed and more sellers appear..don't know but watching and waiting ...as usual. However good to know that you think the patient is out of intensive care.:)
BB it works for long term investing too re timing in and out. Hey you have to buy and sell at least once unless you're on a mobius loop:p
Averaging in and out also a great way ; do it with a check of the DMA even better.
I have a target of 25% but if it looks to be peaking with increasing volumes I will sell out sooner. Also relevant are timing of AGM (late Oct) and FY Report (end of Sept), offshore Equity market sentiments, RSI>80, DMI and sometimes I'll also look at Parabolic SAR and Bollinger Bands.
For what it's worth to you, I'm picking that the sp will now recover all the way through to the AGM.
Trading to it.
BC