CER 0.00% 32.0¢ centro retail group

Well nearly everyone knows its going to pull back, but obv no...

  1. 513 Posts.
    Well nearly everyone knows its going to pull back, but obv no one knows whene exactly and how much and where to.

    I think a better idea would be to use trailing stop loss here. Follow the resistance lines. Its no use saying hey, its increased xx%, it has to drop. Use fundamentals, market flow/conditions to determine when to sell/buy.

    The truth is, last year june, the share price was 30-40c after they announced a dividend of 1.4c when the conditions were alot worse than they are now.

    DYOR
 
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