TSV 0.00% 0.8¢ transerv energy limited

tsv good for a trade $$, page-15

  1. 2,560 Posts.
    FishingAndBeer is right Plantic.

    If your impatient like me maybe consider a sell down? Sell part on upswings over next few months maybe?

    Free up some cash so you can catch another way of momentum.

    I noticed with your TA you dont comment on Volume? IMO volume can be a useful indicator to check for good momentum leading into a turn in RSI or slow Stochastic.
    I use it often as i find at times, other indicators can be misleading? Robbbbbb often uses a weekly or monthly view of the chart when trends are harder see.

    I also check the liquidity with a rough calculation. I use the 5 day moving averages multiplied by the 40 day volume moving average. All expontential if your wondering.
    This should give me a rough estimate on the amount in dollars of daily trades. I go for stocks with more than 500K to reduce some risk as its more liquid.

    Lastly I too hope this post doesnt come accross as patronising. Its just we all have made similar unfavourable decisions.
 
watchlist Created with Sketch. Add TSV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.