TRH 0.00% 83.0¢ transit holdings limited

green on a red day., page-14

  1. 1,104 Posts.
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    Jack.

    From personal experience I always Average into a position and never hope a stock is going to do something, most of time it will go totally against you.
    If you like the story and have done your own Research and sized up your risk vs reward, then make a decision.

    A peer comparison still rate's this stock cheap (not to mention holdings in RAD) & the fact we reached an all time high on a red day does indicate divergence from the overall market.

    If you your after a quick trade on this one, i don't think this will happen. The daily range (spread) is tight and has the look of capping and accumulation. When the range starts to get a little more wider, then IMO we might see some distribution from the larger money.

    As always DYOR.

 
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