CTM - These charts are so hard to trade on a daily or short term...

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    CTM - These charts are so hard to trade on a daily or short term frame, it's almost an approach of hold and wait. What happened last Friday though ? That's asking for a bit of a pullback perhaps.

    https://hotcopper.com.au/data/attachments/1690/1690072-a41d31d9cefae22399776bcb6a933637.jpg

    The other way of looking at stocks like this is to use a moving averages approach. Going back to last June when the long term averages started to increase their spread upwards a holder would have nearly doubled their worth in holding this stock.. Using MA's there might be a bit of a top at present or the possibility of a pullback but the overall trend given by the long term averages is certainly bullish.

    https://hotcopper.com.au/data/attachments/1690/1690080-f605dd7166da5097bde3abdaa4d777a6.jpg



 
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