The art of entering and exiting a multibagger

[CanOz]

Here's a US Stock....waiting for a pattern now...

 

[CanOz]

Yeah Ann, IIN had all the right things going for it and then it failed the pattern when the index broke down.

That's one good thing about waiting for the pattern break, even then there would be as money losers as winners likely. Still there are reasonable odds of a multi bagger.

FWIW: Whats important to remember here too is that this is not about indicators, the indicators are showing you that a stock in a strong trend has made a recent momentum high, then pulled back. If the stock still has more left in it, it must prove it by breaking out again.

CanOz

 

[Ann]

Yeah Ann, IIN had all the right things going for it and then it failed the pattern when the index broke down.

That's one good thing about waiting for the pattern break, even then there would be as money losers as winners likely. Still there are reasonable odds of a multi bagger.

CanOz

Your US stock is $70 odd dollars! It is going to be an expensive multi bagger! I wonder if it will take the DOW with it?

 

[CanOz]

Your US stock is $70 odd dollars! It is going to be an expensive multi bagger! I wonder if it will take the DOW with it?

Well the US is a little pricey compared to the ASX. I'll see if i can find a few from the R3000.

Goog and AAPL were $70 at one time too Ann

Here a Bean chart I'm waiting on...

CanOz

 

[CanOz]

Heres one that we can wait for a pullback, then a continuation pattern....by that time we'll likely be in a bear market...

 

[burglar]

Burglar I'm interested in your experience with sub 10c stocks or small cap stocks in general ( have you dipped your toe into the Shark pond?)

Yes, I swim with the sharks!
I try to look like a cleaner fish?! :

I once read that every portfolio should include a lottery ticket.
When I checked, all mine were lottery tickets.
I had inadvertently "plucked all the flowers and was left with weeds".


I wanted to find that multibagger and invest into a quality investment portfolio.
It is a strategy which I maintain to this day!
So far it is spectacularly unsuccessful!