MAD 3.36% $5.53 mader group limited

Charts Analysis for MAD, page-8

  1. WLJ
    427 Posts.
    lightbulb Created with Sketch. 65
    This is a great stock... and long term you can't go wrong.

    In my opinion though (not advice - just my view), there was a run at being included in the ASX300 / ASX 200, and it missed. It's currently overpriced and may continue backwards for a little more...

    Will likely go to sleep for a couple of months and find a new balance point. I don't have a view exactly where - but - I think it will likely then wake up and make another run ahead of next ASX re-balancing, which I expect would be in March...



 
watchlist Created with Sketch. Add MAD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.