BWX 0.00% 20.0¢ bwx limited

Movement in our Camp...., page-39

  1. 3,595 Posts.
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    Nah..wasn't angry. No room for emotions in trading/investing. It's just a stock and nothing to get emotionally attached to.

    As for charting, it's an inexact art. Sure it can skew the odds in your favour, but it requires a person to be able to change their view as the share price continues to feed you information. Some people make a prediction and are too egotistical to change their view point even when price action clearly warrants a change of opinion.

    The opinion offered above is one scenario that is most likely at the moment. There's another option in that BWX is trading in a very rough channel, but that channel is not clean and therefore reduces that scenario. BUT, if BWX goes down and touches the channel line at 4.98-4.99, bounces then closes higher the next day, that may be my entry point.

    Trading is like taking your wife clothes shopping. Indecision, time consuming, but once she makes up here mind (stock price heads up), all is good with the world
 
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