ELE 0.00% 0.5¢ elmore ltd

I've been watching the seller action very closely for the last 3...

  1. 3,488 Posts.
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    I've been watching the seller action very closely for the last 3 days and I'm one of the annoying DT's so I watch movement very closely! 2 main big sellers started a massive dump today which was fueled/followed by panic sellers and a whole heap of stop losses being triggered.

    I know at lease 2 people who were annoyed that stop losses got hit today at 2.7c only to find that they now need to try and re-enter at a higher SP after a well deserved re-rate.

    The quick bounce off the dump showed the value that the market see in NSL. My trading method is to lock in profits when a stock gains 3-4 pips and then re-enter but we all have a different style of trading.

    As many have said - thank you to @Timtator . I usually observe rather than comment on threads but acknowledgement is well deserved imo

    Anyway at the end of the day everyone knows where NSL is going and that is North

    Good luck all, may NSL bring you a Merry Christmas.
    Last edited by PinkDiamonds: 23/09/16
 
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