Australian (ASX) Stock Market Forum

Bought TOX - Trade Managment Tips needed

Chief,

I wouldn't call that an up-trend myself. Irrespective of the GMMAs, it's still ranging sideways between about 10 and 14.5 cents. As I mentioned before, I'd want to see moving up above 15 and 16 cents before I'd consider it in a new up-trend.

For the GMMAs, I think the short-term group are too compressed, and the long-term group not very well separated either, to see that as an up-trend. I think both groups should be heading up and clearly separating for that.

All IMHO of course.

Cheers,
GP
 
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