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Thanks @Cabbie, @togakure, might have had too much red in my...

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oldfluffy

2,005 Posts.

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19/08/19

08:07

Post #: 40032706
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Originally posted by Cabbie ↑

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.

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.

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Thanks @Cabbie, @togakure, might have had too much red in my head or maybe need my head read.

Don't play with anything in this price range lately, even odds losing/winning. Might keep watching for another time though.
(From an intra day perspective. Not investing.)

Last edited by oldfluffy: 19/08/19
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