NWS 1.74% $44.37 news corporation..

Hi Specialist,Yes the short term downtrend worries me a bit,...

  1. 1,845 Posts.
    Hi Specialist,

    Yes the short term downtrend worries me a bit, however I think on balance the stock is still in an overall uptrend -of course if I knew for sure we would be a gazillionaires. I have set a tight stop loss but I think overall the trading opportunity is worth the risk. We don't have a price target but plan to sell when the stochastic crosses back.

    I agree with you about also looking at the candle patterns - our most effective trading strategy has been to combine bullish candle patterns with stochastic buy signals.

    cheers

    Lindfield
 
watchlist Created with Sketch. Add NWS (ASX) to my watchlist
(20min delay)
Last
$44.37
Change
0.760(1.74%)
Mkt cap ! $1.252B
Open High Low Value Volume
$43.63 $44.38 $43.57 $3.058M 69.34K

Buyers (Bids)

No. Vol. Price($)
1 391 $44.24
 

Sellers (Offers)

Price($) Vol. No.
$44.47 391 1
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
NWS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.