"Use fundamentals to chose which stocks to buy and use T/A to time the buys and sells"
I love this.
So true, the key benefit of this strategy is if the FA is good you can hold long. I have used T/A (stolen from @h00ts) to time my ins and outs from PLS. Currently however I got in at 92c which means I got the last entry a tad wrong, but the FA is good so I can hold long and wait for a good return.
The other piece of share trading advice I have used a lot over the years is:
"Buying cheap is the easy part, it's knowing when to sell that is the hard part." You should always have a target margin and selling price. Nobody went broke taking a profit.
A lot on this thread will tell you PLS is going to $10 and it could. However at current levels I will be out at $1.25 max. I may buy back in and sell multiple times on the way to fair value, which I feel is $3-4 a share at the moment.
Watch the spot price in China it is telling the Lithium story at moment. I think it is artificially low, interesting times.
- Forums
- ASX - By Stock
- PLS
- PLS chart
PLS chart, page-379
-
-
- There are more pages in this discussion • 257 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 PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.00 |
Change
-0.020(0.66%) |
Mkt cap ! $9.030B |
Open | High | Low | Value | Volume |
$3.02 | $3.04 | $2.98 | $40.14M | 13.33M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 110363 | $3.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.01 | 14732 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 95559 | 3.000 |
24 | 182683 | 2.990 |
59 | 717256 | 2.980 |
23 | 148300 | 2.970 |
33 | 164459 | 2.960 |
Price($) | Vol. | No. |
---|---|---|
3.010 | 14732 | 4 |
3.020 | 153469 | 10 |
3.030 | 100786 | 5 |
3.040 | 113166 | 11 |
3.050 | 86986 | 13 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |