Originally Posted by
workingdad
From a TA perspective at what point would buy signals show? Presuming breaking through various trading averages in the opposite direction and as such not buying in at or near bottom maximizing gains?
It’s a hard balance to find TA versus fundamentals and I’m novice level investor just trying to support fuller retirement and my limited understanding points towards a value buy. Decent dividends, transitioning towards renewables but nz still very much a need basis for generation including non-renewables for some time yet, reasonable buy in price now comparing to other gentailers with solid market share in an industry that isn’t subject to the ebbs and flows of economic cycles given the challenges looming. The big players push prices around both up and down and we are at their mercy in reality but at the end of the day the company is making money, paying dividends and share price should surely stay within a range that reflects what it is, not a hero, not a big risk, something in the middle that has had its share price pushed around and potentially ready to start clawing some back over time?
Certainly interested in learning more so hoping for more dialogue on the pros and cons..