Slow is good:cool:
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Probably the punters who sold out during yesterdays panicdemonium still trying to decide whether to cut their losses and buy back in with less shares.:)
So what is the name for todays candlestick pattern?
Traders Dilemma?
There must be some good news somewhere, shirley?
Best Wishes
Paper Tiger
What's peoples thoughts on getting in at these levels?
Depends on whether you like to play roulette with your money. I have this company on my watchlist - and I think they have a good story and good management. However - I don't invest based on TA and have yet to find a method to justify its current price based on fundamentals. Might be wrong, but I still intend to keep out.
Excellent! The Swahili I got, the typo of the te reo bit had me stressing you meant something else.
Cheers :]
You will get plenty of advice on this thread on doing your own research.
Bit like when is the best time to bet on a horse. Take a well bred thoroughbred young horse give it the best trainers and jockeys bring it along slowly, start it as a 2y old in some 1200m races and it wins 4 in a row. Everyone is now calling it a champion and betting on it. Trouble is it was bred to run 2000m and has never run it what would you do bet the house on it?? DYOR.
Peb is the same been brought along slowly by a bunch of brilliant scientists for the last 12-13 years past all the tests now ready to hand over to the management and sales people.
Do we know that they are up to it will they get the sales?? DYOR.
Disc: Holding plenty probable nowhere near Hancocks holding.