technical thoughts, page-7

Thesharetrade,

Awesome website mate, have been tracking my own trades through a private blog site. Really good to follow another person's thoughts.

I've been in AGO for just 48 hrs and have been suprised to have an 8-9% profit already. Was considering selling today when it got to 12-mnth high but a trade I was in a year ago taught me a lesson that there is a fair chance that once a stock reaches a 12-mnth high in a solid uptrending channel, it is likely to continue.

Although this depends on time-frame, and it is possible that the stock could retrace 5-10% before breaking 3.50.

For me at the moment, I'm not convinced of a safer and more profitable trade elsewhere in the mean time so I decided to hold my rather large investment in AGO.