tech/a
No Ordinary Duck
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DYL - Deep Yellow
- Thread starter slimtrader
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Not a scaredy cat anymore
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Would people please stop buying DYL today and wait until TOMORROW - 1st November, please coz I picked this one for the ASF competition and it has started to run way too early! Just my luck, tomorrow will probably be profit taking day 
tech/a
No Ordinary Duck
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Sold at 28c
So Im supporting you P!!
So Im supporting you P!!
tech/a
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I'm looking for it to take a rest.
Volume will be the key.
The lower the volume today on a pullback and if it pulls back only a few cents then the more likely a new wave of buying.
I just wanted to maximise my profit in this move.
If it is going to go on with it there will be more accumulation,IE trading which doesnt involve a large fall or rise.
More a consolidation while sellers are shaken out and new buyers take control.
By the look of it thats whats happening.
Volume will be the key.
The lower the volume today on a pullback and if it pulls back only a few cents then the more likely a new wave of buying.
I just wanted to maximise my profit in this move.
If it is going to go on with it there will be more accumulation,IE trading which doesnt involve a large fall or rise.
More a consolidation while sellers are shaken out and new buyers take control.
By the look of it thats whats happening.
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I agree with u Tech ... but I'm still holding ... as I figured there would be some consolidation here. Wasn't such a bad idea to jump out at the top of this target tho! If it breaks up with vol from this consolidation, I'm thinking the next resistance will be at .385. What do u think Tech?
tech/a
No Ordinary Duck
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I now see this drifting for sometime.You'll note the strong resistance as price moves to 27.5c and above.
If sustained buying doesnt bring price to these levels it is possible that sellers will chace buyers and further drive price lower with resistance forming at lower levels as sellers continue to chase.
The second Pik shows that levels currently are being taken out quickly suggesting a support has not been found today.
Sorry "P" but I think the run has stopped for a while.
I'm looking for at least a 3 wave correction unless this finishes the days trading above open.
So will wait and see what price action says.How the volume and build up of sellers pan out before making any other decisions about DYL.
If sustained buying doesnt bring price to these levels it is possible that sellers will chace buyers and further drive price lower with resistance forming at lower levels as sellers continue to chase.
The second Pik shows that levels currently are being taken out quickly suggesting a support has not been found today.
Sorry "P" but I think the run has stopped for a while.
I'm looking for at least a 3 wave correction unless this finishes the days trading above open.
So will wait and see what price action says.How the volume and build up of sellers pan out before making any other decisions about DYL.
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Thanx for the great post Tech ... I decided to get out at .265 about an hour ago and take my 30%+ gain ... I wasn't liking the heavy wieghting on the bid side. I'll be looking for a re-entry.
Do u usually get out at your target? Or wait n see how the resistance goes?
... I decided to get out at .265 about an hour ago and take my 30%+ gain ... I wasn't liking the heavy wieghting on the bid side. I'll be looking for a re-entry.Do u usually get out at your target? Or wait n see how the resistance goes?
tech/a
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Normally I load in.
Today I had a meeting so failed to do so.
Fortunately I was able to call and sell at market at 28c.
With short term trading its that extra tick that you save on stop and gain on sale that makes all the difference.
I get out at the target or if I dont have one At my trailing stop/stop or exit.
If the timing isnt right I dont really give it much thought---always the next trade.
This was a 5:1 R/R very happy with that.
Today I had a meeting so failed to do so.
Fortunately I was able to call and sell at market at 28c.
With short term trading its that extra tick that you save on stop and gain on sale that makes all the difference.
I get out at the target or if I dont have one At my trailing stop/stop or exit.
If the timing isnt right I dont really give it much thought---always the next trade.
This was a 5:1 R/R very happy with that.
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Thanks T. I'm kinda new to trading so I'm guessin "load in" means you place your order in the market as a limit order? and sorry about all the questions!but can I ask what's R/R?
Thanks in advance
Thanks in advance
I got in at 0.28 today. A bit high but then I am positionning myself on mid to long term on uranium stocks as I believe these stocks will sky rocket . Before and specially after June ALP meeting specially if the outcome is favorable to extra uranium mining.
What is the real choice for Australia anyway to get a sustainable clean energy ? Nuclear seems to be the way and country like France have already shown the way for many years already. It is just a case for Australia to follow some other counrty lead as usual (same for VOIP in IT sector, we are following being few years behind)
What is the real choice for Australia anyway to get a sustainable clean energy ? Nuclear seems to be the way and country like France have already shown the way for many years already. It is just a case for Australia to follow some other counrty lead as usual (same for VOIP in IT sector, we are following being few years behind)
Fab said:How big is their potential uranium deposit and when should they start producing ? I am in this one for the short term
Then you state this "A bit high but then I am positionning myself on mid to long term on uranium stocks as I believe these stocks will sky rocket"
Fab,
Are you in short term or mid to long term.
Looks like you need help mentally.
tech/a
No Ordinary Duck
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Cant resist.
(1) If DYL continues to fall then Longterm.(Bottom Draw).
(2) If DYL consolidates and more are purchased---the stock tests the recient high then falls back--then Mid term.
(3) If DYL Flies----then short term.
This is the general psychology of the market.
(1) If DYL continues to fall then Longterm.(Bottom Draw).
(2) If DYL consolidates and more are purchased---the stock tests the recient high then falls back--then Mid term.
(3) If DYL Flies----then short term.
This is the general psychology of the market.
I set an order at 23 cents so that I can try and get the open trading price fluctuation. Prepared to pay 24 cents... But the Friday close would be the last chance to get in... Predicting a rise over the next few weeks... Isn't it time 4 some announcements?... Anyway they should be on the way shortly. If DYL can produce minable results I'd say this baby will be over taking AGS in market Capital. Keep your fingers crossed the price falls tomorrow just 4 me
At 4.47pm
At 8:13pm
Fab, wats going on buddy??
Shouldnt u know details about uranium deposit size and production before buying into a stock?? (if you were long term that is, but hold on, you are short term??)
Fab said:
At 8:13pm
Fab said:How big is their potential uranium deposit and when should they start producing ? I am in this one for the short term
Fab, wats going on buddy??
Shouldnt u know details about uranium deposit size and production before buying into a stock?? (if you were long term that is, but hold on, you are short term??)
