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golden6

11,390 Posts.

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23/06/21

21:39

Post #: 54028123
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Originally posted by Diver Dan: ↑

Just kidding around @golden6. I see FMG is on trend well. Had a quick look at the MLD chart. Am I looking at the right stock? I see the high on 11 Jan then spent time around the midway retrace of move at 1.050 before going back down to revisit the area of the Oct 2020 low. So I guess you must have bought from April onward? That was a nice trade then. Yeah you must have to know the fundamentals and news pretty well before trading this. Another chart to add to my list, you all will have me trading these before long.

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I mentioned MLD when I posted about my other holdings. If you have a look at the announcements around Oct/ Nov- that was the reason I purchased them. I just happened to notice the announcements, and basically nobody commenting on them, so I took a punt on them.
2 Upvote

0 Great analysis

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