re: Ann: 4th Quarter Activity and Cashflow Re... mixtup,
Laws of jungle. If your run faster than your predator generally you are safe.
While there is demand and the trend is up this symbolises that there is more demand to buy then sell. Hence the price rises. So if you sell down the risk is you might not be able to replace your stack. The dynamics of the market change and hence your strategy must change. Or you must reprogram your bot. so in summary if you looking to profit from the rise it’s a matter of tricking the sellers to sell lower. Very hard proposition while the trend is up.
Easier to accumulate while the trend is down.
Easier to distribute while the trend is up.
My analysis is the trend is up. 200 day ema as usual provides some resistance. Watch the monthly charts for longer trends.
This months candle should be very bullish engulfing.
buy the dips.
- Forums
- ASX - By Stock
- AGS
- Ann: 4th Quarter Activity and Cashflow Report - 3
Ann: 4th Quarter Activity and Cashflow Report - 3, page-24
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online