I got out at 12.5 on open as happy with 1K or 2KJ profit on a trade these days.....but seriously....that last 2 hours and especially the close was well over done imo.
It should bounce a bit.
It seems lately that a lot of rally's are getting dumped into hard so I'm being cautious and locking in small profits.
1K a day beats working for a living I reckon even.
The sell of on CER also happened on MDT, GDN, VPG, BCN....many others.....they we're all high in the morning then massive dumping making them close in the red.
Then again...most of these shares have trippled in share price recently so bound to get some profit taking...I just thought rally's could be supported but the market seems a little over cautious.
CER should do well though from here....rentals are up...they are charging more, sold $239million USD worth of assets....certainly strenghtening their position.
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