SP1 0.00% $1.07 southern cross payments ltd

The charts don't lie but people do. Never try and catch a...

  1. 6 Posts.
    The charts don't lie but people do. Never try and catch a falling knife. I bought in at 0.18, sold half at 1.22 yesterday. Will sell the other half today. Whatever happens here there will be a period of prolonged weakness as confidence is damaged and there are a lot of traumatised investors. I will wait until the weekly chart shows a confirmed up trend before buying back in. There are plenty of roses blooming out there, why take risk with one that is wilting.
 
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