TOL toll holdings limited
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Rogar, depends on which trend you trade......The moneyflow...

  1. sle304
    1,000 Posts.
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    11/01/11
    11:49
    Post #: 7715743
    Rogar, depends on which trend you trade......

    The moneyflow indicator down trend has been broken. Often this in conjunction with an oversold RSI has been a good predictor of the tide changing. As a result I have taken a nibble today.

    The recent low also matched the last low (-1c difference) and seems to have bounced since. Thought we might have seen somewhere around $5.50 but not to be currently. Stop loss of $5.45 in place.

    Happy trading
    SLE
    TOL Price at posting: $5.79 Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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