Kerger - thanks for your comments earlier :)
I agree that a bit of consolidation to avoid a blow-off top would be a good thing. Perhaps a pullback to support at the 17.5-18 cent level would be even better, so that we can take advantage of it and top up a little more...
If that pullback were to happen, then at the first sign of a bounce back up FROM that support level would be a very strong signal indeed that the next leg of the uptrend would be about to get underway.
I'm like you re trading time - I tend to be short-medium, but in general, it is dictated by the trends. It's the old "buy high and sell higher" routine. I like a trend to be defined before I buy in, then I keep on averaging up as long as the trend remains intact, usinig pullbacks to do so. When the trend line gets broken, especially if a couple of my other favourite indicators give a 'sell' signal, then I'm out. I also run a trailing stop using resistance/support levels, as per Weinstein and his disciples.
Seems to work for me :)
Meanwhile, back to STX - I'm holding!
- Forums
- ASX - By Stock
- support
Kerger - thanks for your comments earlier :)I agree that a bit...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $586.4M |
Open | High | Low | Value | Volume |
20.5¢ | 21.5¢ | 20.0¢ | $1.562M | 7.560M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 757155 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 1003982 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 757155 | 0.205 |
30 | 2086078 | 0.200 |
18 | 1126410 | 0.195 |
74 | 3073315 | 0.190 |
22 | 1423517 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 1003982 | 2 |
0.215 | 1253107 | 18 |
0.220 | 1001897 | 16 |
0.225 | 1024198 | 10 |
0.230 | 354766 | 12 |
Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |