@DrBourseThe Sheep in the paddock next to me (The FOMO Mob) jumped onto the CSL bus yesterday….
Now, today 19/7/23, at abt midday they are not so sure the bus is heading in the direction they want to go….….
A Red Candle, Hesitant Indicators, Loss of Momentum, No real ‘Driver’ behind the rise, and several other -ives (like Analysts spruiking massive rises) make me nervious….
I’m probably wrong, but there are not enough +ives 4 me yet….. I’ll wait for the next bus, should be here within a few days, then I’ll know which direction it’s heading, Upstream, or Downstream…..…..
Anyone that bought in late yesterday must be very worried atm....
I reckon they should have waited till the Full Financials were released B4 jumping on board….
View attachment 159757
Cheers...
DrB.
@dynaYes , you have to wonder about all those single share sales going through , all day long .
I can only make ( a bit of ) sense out of the after market sales .
There are a lot of serious players about for CSL .Looking for volume , I guess .Those pros probably all know the intrinsic value and yet ,I'm now thinking they don't even care about that.
Me , I can only sit on my silly bid and hope it fires off in the next dip.
Never let the facts get in the way of a good story..., but I won’t do that till the financials are released late Aug/Early Sept…..
Detailed financial and operational performance will be provided at the Company’s results announcement on 15 August 2023.
Miner you are correct yet again.....Hello @DrBourse
Trust you are sticking to your old analysis about bearish CSL though the market/sheep are still to follow your signal.
View attachment 159785
@DrBourseMiner you are correct yet again.....
20/7/23 Chart @ abt noon for your perusal.....
View attachment 159792
Still way too many Red Candles & other -ives for me to dive into CSL atm....
My 'OLD Analysis" dated 4/7/23 is still valid, enen though it's not all that Old...
I reckon the Sheep are still using Commsuc's Charts, they show more Green Candles, Sheep Luv Green Candles....
View attachment 159793
Cheers...
DrB.
My eyesight is fine thnx DonaAchromatopsia rules
Hi Miner.@DrBourse
You are a genius ? just like @peter2 , @tech/a, @debtfree , @divs4ever , @Skate ,
@Sean K and few other champs whom I follow but just can not imagine why you all are so good. ?.
But please tell me how come the same data gives red and green candles by using different chart providers? Don't understand however.
Hi again Miner....Hi Miner.
Suggest that you take a look at my Forum "DrBourse TA Help for Beginners" in the "Beginners Lounge....
In particular look at posts numbered 93, 94 & 96 on 12/1/22 - AND post nr 101 on 26/4/22....
Then look at my other Forums "DrBourse FA Help for Beginners, and "DrBourse General Help for Beginners".....
After reading all that you should be able to understand what I look for, and how I interpret it all....
Should only take you a couple of months to wade through it all.....
Cheers M8
Hello eskys @ Keys,Don't talk about that; I'm colour blind.
To make things worse, I dropped my glasses and the right lens fell out........I'm watching with one eye
Good evening @Miner if you need a hand at answering that questionnaire, rcw1 is your man, @DrBourse always calls upon rcw1 for advice on preparing these types of things especially with respect to, what's it called again, ah yeah thats right, technical analysis ha ha ha ha ha ha haHi again Miner....
If you have the time, Skate & I discussed the CCI & MFI & LINEAR REGRESSION Combination within his "Dump it Here" forum......
You will need an 'hour or 3' to look at that discussion......
Go to Skates "Dump it Here" Forum , then scroll back to page 295, start at post nr 5889 on 18/11/21, then read all posts till you get to the last page of our discussion on page nr 296 @ post nr 5945...... Skate got a bit sidetracked after post nr 5945, dunno where he went.....
That group of posts gives a pretty good explanation of how to combine the 3 indicators.....
I will be presenting you with a 28 page questionaire on Who, How, What, Why & Where, regarding the 3 Indicator Combo.....
Only Jokin M8....
Cheers...
DrB.
That all depends on what the R is for........my favourites change according to my mood....best ones at the moment is E and A for attitude.
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