TWD 1.21% $2.50 tamawood limited

Me too, Please sell (where are shorters when you need them). I...

  1. 3,566 Posts.
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    Me too, Please sell (where are shorters when you need them).

    I think there is a good chance that the price will fall from here, based on the technicals. The price has broken through a medium term uptrend (from June 2016). It would be great if the price could fall back to the LOOONG term uptrend (from May 2001!) - but that would be expecting too much - it would need to go down to $2.60 or so. My bet would be that it will drift sideways and a little down for some time. I'll sit and collect the dividends.

    Declaration: I put more value on fundamental value analysis, but find technicals fun and useful to find turning points.
 
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