Australian (ASX) Stock Market Forum

MLS - Metals Australia

nizar said:
This needs to close at or above 5.4 to maintain the uptrend. In my opinion.

Agreed, but think selloff this morning were just profit takers, rather than a change in trend.

EOD will reveal all.... my neck & $$$ is on the line now.... :dance:
 
SevenFX said:
Agreed, but think selloff this morning were just profit takers, rather than a change in trend.

EOD will reveal all.... my neck & $$$ is on the line now.... :dance:

Tend to agree. The chart tells the tale currently.

This is a 5 min chart.
 

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could be slow moving for next couple of days as profit takers cash up from ann, after that ????? :eek:
plenty of volume :)
 
I am making the typical beginners mistakes. bought in on the 22 at .041 sold again on the 24 at .041.. :banghead: :banghead: :banghead:

Bought in again yesterday at .052 :(

Now I'm gonna hold for a while as long as it stays around my buy in price...
 
Raging Bull said:
I am making the typical beginners mistakes. bought in on the 22 at .041 sold again on the 24 at .041.. :banghead: :banghead: :banghead:

Bought in again yesterday at .052 :(

Now I'm gonna hold for a while as long as it stays around my buy in price...


Hey dont worry about it mate.
Happens to all of us at some stage.
I did something really stupid with WMT last week. But who cares, i will NEVER make the same mistake again.
 
hey nizar, i was tempted with WMT, but i have learnt my lesson not to chase like with CDU. almost did it but resisted.

we all learn from lessons anyway.
 
nizar said:
Hey dont worry about it mate.
Happens to all of us at some stage.
I did something really stupid with WMT last week. But who cares, i will NEVER make the same mistake again.

thanks nizar.. my stop loss just fired at .05 I am out and that's cool with me. Didn't loose too much.. I bought in late with WMT last week too but still made $600 on it.. guess I was hoping for a repeat here... lesson learned, GET IN EARLY!!! ;)
 
nizar said:
Hey dont worry about it mate.
i will NEVER make the same mistake again.

I'm Guilty,

And have made the same mistake twice...as find the market is always just slightly different eventhough some trades seem the same...????

Gee I wish I could be as disiplined as you... :banghead:
 
Snakey said:
mls down for a few days and then up again above recent highs
(My guess) give this stock two weeks

Hi Snakey,

Today is a harsh day for MLS to Run, as XJO heavily down some 70pts and XSO also down some 50pts...

Bugger :banghead:
 
SevenFX said:
Hi Snakey,

Today is a harsh day for MLS to Run, as XJO heavily down some 70pts and XSO also down some 50pts...

Bugger :banghead:

hi tekmann
other stocks ran today MSC for example spewin i sold those this morning to trade these now i will have to wait for profits i will hold my MLS for two weeks. look at all those buyers, buying at very good prices
one rule i have is wait three days after good ann and then buy
broke that rule and paying for it now
stupid rules :banghead:
 
nizar said:
Hey dont worry about it mate.
Happens to all of us at some stage.
I did something really stupid with WMT last week. But who cares, i will NEVER make the same mistake again.

lost a stack on that one a couple of weeks ago.

bought mls at 3.2 and sold accidentally while my boss was talking to me at 4. this was last wed i think.

to top it all off i bought eve on the same day and sold it on Fri just as market was closing. wish i'd kept that sucker :eek:
 
OK, so EOD with a close of .05c would be now safe to say the trend has changed, even if for a short time.

Will still watch over next couple of days lookin for another entry to 2add., as IMO it's got a lot more to go.

Cheers ALL....see you at work 2morrow.
 
i originally bought 5k worth at 2.2cents - stupidly traded them three times for a few hundred profit each time - missed out on 10k - not happy jan
 
Snakey said:
Get ya hot cakes while they last :D

Back on at 5.5c this morning.

I didnt like yesterdays dump, not only a sell-off but the volume almost as high as the spike.

Today looks very nice.

This stock is a winner.
 
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