Australia's largest stock trading and investment forum Australia's #1 stock forum

Short Term Trading Week Starting: 08 Nov, page-159

First 159 Last

Share
Profile

Follow
golden6

11,519 Posts.

672

11/11/21

21:41

Post #: 57510613
Share

Originally posted by rick64: ↑

Shame you had them modded golden, nearly copied your story to keep as an inspiration oh well.
Thanks @valen1828 are you more of an FA trader then or you scans set up that you normally use.
Just looking at the FMG chart, according to everything I have learnt this is a buy on the weekly based on most everything I have read. The many touches at support, the reversal of EMA's, the turning up of MACD and RSI. The yellow trend line is not really strong as there is only a couple of touches and they are close together. I believe there is a bullish harami followed by a breakaway bar which would be confirmation. The only thing lacking is volume.
This is where I always get stuck, whether to wait for a small pullback that doesn't happen and miss out or jump in from here. Certainly it looks like reward to risk is there. Thoughts?

Expand

I only posted it for your benefit to let you know what is possible.
2 Upvote

0 Great analysis

Reply

Top Stories

AIZ

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

HIQ

HIT IQ has US patent for concussion management tech approved

MTL

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

KSN

Mineral Hill transition kicks off for Kingston, gold and silver ramp up to follow

Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?

There are more pages in this discussion • 29 more messages in this thread...

First 159 Last

SPONSORED BY