Nice one. Been watching this and WBC as my preferred bank stocks. Both hitting a general resist line. It might either be a break through and much higher, or fall over maybe.
NHC
Got this one from nomore4s
Did/will you get on it?
G Day Nomore4s
Not in it just yet. Strong close but the volume is not convincing. Will watch it closely though. The resistance at 4.65ish is hopefully now the support.
Fair enough, because I trade off the EOD charts and I can't watch the markets all day my entries are done via trigger orders once a certain price level is triggered. This means I can't monitor the vol till after the close.
I actually like to enter on a break through the white line in set ups like this with a stop under the low of the triangle. But because I already hold parcels in this stock I didn't enter there but I did pyramid in today @ $4.70.
gmg just hit 50 cents with strong buying volume. i suspect it will break 50 cents by tommorrow easily at this rate.
GMG didn't quite run through that 50 cent barrier today. What is your prediction after today's carnage?
SMX, probably more of an investment stock rather than a trading stock, seems to be steadily heading up again.
(Disc. I do hold SMX in my SMSF)
(click to enlarge)
Boggo, What is the trading range that this is potentially breaking out of? Through $3.25?SMX, probably more of an investment stock rather than a trading stock, seems to be steadily heading up again.
(Disc. I do hold SMX in my SMSF)
(click to enlarge)
Boggo, What is the trading range that this is potentially breaking out of? Through $3.25?
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