Wrong move plough. The chart represents an absolutely outstanding buy opportunity at current prices. We have a higher double bottom at 52c and they are the double bottoms to buy ie/ones that are with the trend. On the long term monthly charts the long term trend is up and the double bottom clearly stands out. Perhaps someone could post a monthly chart to demonstrate this.
Fundamentals seem good being funded, although I do hear the Springtree reservations, and in bed with Tata. Others can talk up the fundamentals better than me.
Mt stop is a break of 52c so the risk (8c) to the reward (massive) makes this an incredible buying opportunity in my opinion.
- Forums
- ASX - By Stock
- GSL
- hi!
hi!, page-8
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)