Congrats, what a great trade !!
I am wrong and have cut my long by 25% and took some loss and will re asses my position and watch them.
The Chinese and Wall Street have rattled traders and it is like a buyer strike and lots of sellers reducing risk and exposure to the market....wise move.
The key looks more on general market sentiment and this sell off in market may continue or trigger a correction.
Stocks like CSL with high PE and had gone ballistic on the way up is obviously more vulnerable to profit taking.
Those who are long time investors will have little problems with heavy weight CSL, they go up and down like any index stocks but for vulture like me is about looking for the next momentum/short term profit while managing risk.
Congrats, what a great trade !! I am wrong and have cut my long...
-
- There are more pages in this discussion • 103 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CSL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$293.70 |
Change
1.690(0.58%) |
Mkt cap ! $141.9B | |||
| Open | High | Low | Value | Volume |
| $293.55 | $294.28 | $292.12 | $189.1M | 644.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 956 | $293.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $293.70 | 763 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| CSL (ASX) Chart |