Australia's largest stock trading and investment forum Australia's #1 stock forum

XAO

Click for more information

0.09%

8,072.6 all ordinaries

Sold the remaining 75% for a total 23/24% gain. Stock looks too...

First 87 Last

Share
Profile

Follow
Jayza1988

736 Posts.

16

11/04/19

13:35

Post #: 38098152
Share

Originally posted by Jayza1988: ↑

This is an overview/update of my trade/tip on PNV and why I took entries in the stock. I have sold partials (25%) around the 84/85c mark. Looks extended now, so want to see the MA's catch up and see them respected. Looks like a gap up today on open, so need to see that change of character (CoC - purple circle) continue if we're going to keep pushing higher and hold the gains. Would like to see a consolidation and new base formed before moving higher though if i'm honest. Shakes out the loose hands that might start selling before $1.

Expand

Sold the remaining 75% for a total 23/24% gain. Stock looks too extended for me now. Want to see the MA's catch up and a new base formed before moving any higher. It could keep pushing through if the volume continues and if good news drops, but I'm following my trading plan and protecting gains.

XAO Value at posting: 6,292.8
6 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 37 more messages in this thread...

First 87 Last

Add XAO (ASX) to my watchlist

SPONSORED BY