"A trader wouldn't touch this ATM."
Crikey, I don't know about that one.
When I was trading - the best, most reliable trades I had was trading long in a rising price channel.
A long reliable channel - very reliable and very very low risk - if the bugger broke out the bottom - you exited. If it didn't - you waited until it was near the top line and took the profit.
Second best ------- a horizontal channel ------- not as good - but, still very very good - just as reliable and the downside risk - equal - if it broke the line - exit - when it got near the top of the channel - take profit.
Any rising or horizontal channel - with a company that has cash in the bank - that's a bingo.
Have another look - it's not classic up and down waves - but, very much range bound - top line nice and reliable - bottom line will do between 60 and 55 for me - trading wise (trading wise only) - if it went below 55 - I would exit.
Only talking trading here - I personally as an investor am sticking to this like glue --------- no funny bugger stuff is going to shake me out.
have a great arvo all ----------- I told you this was exciting - loving it riding the emotional waves
Beer today -------- Arras tomorrow.
(actually - that's BS - we are having an Arras this evening - other reason than AJX - still will be an AJX one in the fridge though)
Pinto
- Forums
- ASX - By Stock
- AJX
- Report Accompanying National Defense Authorization Act of 2016 to Include Directive about the Use of
Report Accompanying National Defense Authorization Act of 2016 to Include Directive about the Use of, page-125
-
- There are more pages in this discussion • 11 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 AJX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $14.05M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $1.961K | 218.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1494467 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 128445 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1494430 | 0.008 |
6 | 3850194 | 0.007 |
3 | 414667 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 128445 | 1 |
0.011 | 986958 | 3 |
0.013 | 240000 | 1 |
0.014 | 134311 | 1 |
0.015 | 1200 | 1 |
Last trade - 12.50pm 26/08/2024 (20 minute delay) ? |
Featured News
AJX (ASX) Chart |