Nicky
Hard for someone to recommend WHEN to buy!!
Are your intentions short, med, or long term etc etc. You dont just buy a stock for the hell of it! If you research a stock, determine a target for the SP & buy accordingly. So if you have a target of say $2 plus for UKL, it doesnt matter when you buy!!! Anytime now would be OK, even if it retraced a bit! I sometimes buy a smaller parcel first & then if the SP keeps rising, I buy the rest of my package. So I give Etrade an extra $30 bucks or so! Who the hell cares if I end end up making a profit?
Technically Fridays bar was very good ... looks like a rejection bar to me. A good technical trader would have bought late Friday. Now, on Monday it depends on the open. But I think it will keep advancing as the chart is saying "oversold"
Mr Grigor's advertising today on channel 9 might help it along to.
All the best with your decision!
cheers
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