KEY 0.00% 0.1¢ key petroleum limited

5paceace, when a stock has such a big rise, founded on exciting...

  1. 14,980 Posts.
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    5paceace, when a stock has such a big rise, founded on exciting results, with more to come, I give no credit for anyone claiming how good they are by picking a pullback

    No chart goes up in a straight line, key needed a pullback technically before the next move

    Look back at the charts of fdl, rau, mak, etc etc...
    This needs to hold above the 17c level or so, and with todays news I am pretty comfortable esp as more news is apparently not far away

    Also, a lot of holders I know were itching to lock in their profits today after being in much earlier, so now that a lot had their chance to lock in profits today

    A lot also bought in today as their entry point here, so that should help push it back up again

    I bought two parcels today and am happy to put a sl in place, and wait for the next lot of news / movements
 
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