Afternoon trading August 1, page-128

  1. 32,554 Posts.
    CBE. Yep. I said it was pushing the chart from open and that's just a fact. And the anncmnt wasn't earth shattering.

    So when the SP continues to move up you have take another look. SP was just ticking up on constant lowish volume and it reminded me of GAL and a couple of others like ZIP that just kept going against what you'd normally expect. I thought I indicated that in my comments. The whole idea of watching the market is to look for signs that a stock might have a trade in it.

    If you can't change your mind after a stock has been trading for a few hours then you won't get very far.

    And I apologise for the subtle 'fiddle' reference. That was meant to indicate it was being played like a fiddle. I use a lot of metaphors. Same with the 'fingerprints'. Sherlock Holmes type reference to 'usual suspects at work' type thing.

    And as usual I'm misquoted. I didn't say it would break to 25c. Once chart had gone thru 15c and 20c the next target was 25c. Chart is plain as day on that. We all know they don't always get there. Just something to be aware of.

    https://hotcopper.com.au/data/attachments/4554/4554520-96b6abe13c228e859e0e09201e972c87.jpg

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.