Binwood, on your graph, the current small rise after 2 big days down is the counter move rest period before a further fall in TA.
I fully agree TA does not always work, but it was certainly working brilliantly for me on the upside, and I did sell a lot at 27.5, again mostly due to TA.
I have in the last year put a lot of money into PLS, swapped out to mostly AJM and then where i am at present mostly back into PLS. I have been lucky to catch the correct moves if you don't believe in TA, and will have a decent tax bill because of it, but I do hold a lot more PLS and Altura than had I just held 50/50 from the beginning.
I have no intention of selling anymore of either until at least the 1st of July, and should Altura fall to the area I think it might (but really don't want it to!!!) then I'm in for more.
Going from 1.4c to 28c on basically another couple of million dollars and a BOA is a huge move. Unfortunately we need some cash to pay at least for a deposit on the plant. Until we get that sorted, my thoughts are it will keep a lid on any share price growth. When it is sorted, we will then reach some type of bottom, before regaining the uptrend.
It's just how I see it!!
- Forums
- ASX - By Stock
- 1MC
- Rising Like a Rocket
Rising Like a Rocket, page-87
-
- There are more pages in this discussion • 193 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1MC (ASX) to my watchlist
|
|||||
Last
4.9¢ |
Change
0.004(8.89%) |
Mkt cap ! $12.11M |
Open | High | Low | Value | Volume |
4.8¢ | 4.9¢ | 4.4¢ | $7.714K | 158.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8227 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 2606 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8227 | 0.048 |
4 | 419129 | 0.044 |
1 | 10000 | 0.043 |
1 | 50000 | 0.042 |
6 | 241083 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 2606 | 1 |
0.050 | 106779 | 6 |
0.055 | 33390 | 3 |
0.056 | 15000 | 1 |
0.060 | 178720 | 3 |
Last trade - 15.55pm 16/07/2024 (20 minute delay) ? |
Featured News
1MC (ASX) Chart |