One of the best and most reliable contrary short to mid term trading indicators signals there is IMO...
1.Sell when:
a) Up-rampers when go into overdrive (ie Overly Optimistic - "Rocket" , "To moon" etc)
b) on a short to mid term price high and
c) when the RSI is sky high
and conversely,
2. Buy when:-
a) Down-rampers are in overdrive (ie, Excessively Pessimistic - "Co will go insolvent", "Mgmt incompetent sack em" etc )
b) on a short to mid term price low and
c) RSI is rock bottom.
The latter being the case right now. Of course the underlying company in question must have good fundamentals.
And well AVZ Lithium/Tin narrative is amongst the best, in lithium generally and the best in Hard rock (excluding Greenbushes).
So "Money for Jam"?
All is IMHO
- Forums
- ASX - By Stock
- AVZ
- Running discussion on SP
Running discussion on SP, page-43735
-
- There are more pages in this discussion • 39,421 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online