CCL 0.00% $13.30 coca-cola amatil limited

re: bye bye coke rip lol Well, strong move up today through...

  1. 548 Posts.
    re: bye bye coke rip lol Well, strong move up today through short term resistance at $7.10 - my stoploss (badly named as it turns out - should be maxloss). Bias on the MD has shifted to the buy side.

    I cleared about $1200 on a tiny short position ( I'm just strarting out in cfd's), but had to cough up $550 odd for the divvy (I am always confused around record dates, etc), and lost about $1500 on the bigger position I opened when it closed below $6.90.

    CFD's are darned hard compared to just buying shares...the cost of opening and closing a position seems to be about 10 times higher.

    Oh well, back to school....they are the only way I can see to make money in a bear market, which will come along one day.

    I still think the CCL chart is in a stable downtrend, but I am not having much success trading it. Good luck to those who bought at $7.
 
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