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2.5¢ yowie group ltd

Or, unlike me, investors are simply taking profits as their...

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rtswa

990 Posts.

10/02/16

17:06

Post #: 16988043
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Originally posted by capitalos ↑

Well that didn't happen, next thoughts...

Now we are looking at a basic sideways/horizontal trend; i.e. strong resistance and support. I would say that a few investors have set stops just under 75c so if it dips further we will see a collapse. Then, since everyone raves about how good this stock is, we will see a side trap pattern emerge as the stop sellers dry up and you all top up.

Or we just have a flag and we are half way down the pole that started at the beginning of the year, who knows.

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Or, unlike me, investors are simply taking profits as their other stocks are in the red.

YOW Price at posting: 74.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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