CBD 0.00% 1.1¢ cbd energy limited

high volume no movement, page-3

  1. 733 Posts.
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    Thanks for your advice Kiril and I agree with what you say.

    In making my decision I am aware that HHL is liquidating its holding which is continuing to put downward pressure on the share price. I note however that there has not been any reported selling from other institutions like SOL. The fact that relatively large volumes went through yesterday and were mopped up suggested a potential floor in the price - for now at least.

    I could be entirely wrong so I will be watching closely with my sell finger on a tight stop loss. Putting some money into a domestic renewable energy stock is my primary motivation.

    Thanks for your reply

    Dreamcatcher
 
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