MAY 4.65% 4.1¢ melbana energy limited

Ann: Block 9 Status of Alameda 3 and Operational Update, page-105

  1. 7,586 Posts.
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    Flam: Yes. Not referring to you. All good.

    I too "follow" charts: but I don't let them rule my life (I would not follow a chart over a cliff etc.). To me, charts are either a signal or a confirmation, but never the only thing I look at. Buying, for example - I would first want to have some fundamental reason for buying, and would then look at charts to determine the optimal level (as opposed to simply catching a falling knife). Same logic with selling.

    It's the old chicken and the egg argument sometimes.

    All I know now is that this thing is going North (and I am now onboarding the remaining part of my position, as I always keep a core position and then add and subtract to/from it from time to time). Keeping it simple.

    Kit.
 
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