ROC 0.00% 11.0¢ rocketboots limited

completed bearish candlestick pattern yestrday, page-6

  1. 480 Posts.
    It's dangerous giving targets for oilers, things can change very quickly, as seen with ROC. But there is support at 1.93 and 1.52 for ROC. So if I were playing it I'd buy in at 1.95 with a 1.91 stop, and wait until it got into the 1.50s if stopped out. Of course, it may never get to 1.95 and it could get away from you. This never bothers me, as there is always something else to buy. But if you really want it, just buy it and accept you might be in the red for a while.
    For TAP, I'd definitely wait for the quarterly before buying, as these damned candlestick patterns seem to be working. My stop would be 1.50 if holding it. Good luck.
 
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