ANX. I took this at open and put on a sell at 6c. Perfect.
Four weeks of rising markets has created a bunch of genius stock pickers and market leading stocks. They will probably continue to run forever.
However, for those interested in safer trading, maybe take a hard look at the FA (is it based on a fair bit of management spruik?) and look if the chart has been o'bought for a few days. That tends to bring them back to the field. I'm looking at you SUM, ERW. Lol.
NB: Stocks can go against the TA and FA. There's no iron clad rule. But it's a case of "what happens most of the time?"
