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CHART Thread, page-316

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dolci

7,245 Posts.

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20/05/21

15:15

Post #: 53308206
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Originally posted by The ruster: ↑

contra opinions are fine d , and we all have every right to post them and also to suggest views on charts and the like , however , I feel the reason you have received such comments on your posts has nothing to do with a contra opinion but more to do with making unsubstantiated claims about the category of investors exciting . Respectfully you really need to detail the evidence supporting that proposition as or you need to pull your head in .

The company has not put a foot wrong and the Board have strategically placed this company for significant success . The work that has been done to date in such a short period of time and the value the Board has added here is imo exceptional . I am of the view that we are at the beginning of something special here and these SP fluctuations happen on all stocks as they grow - all stocks see saw up and down but the trend is a strong upward trend here , and the retracement whether it hits the gap or not is always to be expected . The gap is immaterial provided the fundamentals remain intact as I suspect they will and whether it fills or not we will all things being equal as positive news flows continue the upward trend after the retracement IMO .

I personally would not like to exit for a profit at the risk of missing out on a massive multiple rerate but then again we are all different and make decisions as we see them . I am long and have been in the stock from early days and am very excited about its future given what they have in the pipeline and feel it is a matter of time . Fibonacci principles apply to all charts and all stocks and all price points and there will be overbought and oversold positions along the way as the SP moves . The important thing as I see it is the fundamentals are strong and chart is bullish imo.

So as i see it the question is - Is the stock moving in the right direction ? Yes . Are the fundamentals intact and looking positive ? Yes . Is the Board performing well ? Absolutely yes . Therefore pullbacks are to be bought and we ride the wave of success and we forget the noise as otherwise we get shaken out . That is my opinion and I am long and heavy from the early days and will allow the Board which I must acknowledge has been excellent to deliver the strategy they have embarked upon . I assure you that there is no agenda but your read on the price action is wrong IMO . Nice cat by the way .

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OK.....last two weeks buy & sell data.. Smart Money sold...I rest my case... Commsec holding the bag...

IHL Price at posting: 26.0¢ Sentiment: None Disclosure: Not Held
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CHART Thread, page-316

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