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09/02/18
09:52
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Originally posted by insaf
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Before the dow carnage lol
Sentiment is what dominates - emotion is fear hence can lead to irrational behaviour. Gap support avz 24 then strong support levels low 20s.
A 230 m hit with spodumene will correct this trend. You all remember the fear at avz after a retrace to 9.5 after last results then the move to 30 then 37.
This is your chance - use ta to buy atsupport on confirmation and then kick back. Use small parcels. However being on the sidelines for a dow correction which has no relevance to avz is ludicrous. I’ve got buys at 23.5 and 24c. I already hold.
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IMHO, if the DOW futures look bleak early this afternoon the biggest panic sell-off for all tickers will be in the last two hours of ASX trading today as most fragile punters would be worried about the prospects of their shares come Monday morning.
Last edited by
Deboss :
09/02/18
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