I can't help you with price targets I've never used them in my trading, I'm not smart enough to know when a stock will stop going up, thats why I use trailing stops. I can see where price targets can be useful but my poor win strikerate means that I need to make the most out the winners that I...
HVN: Harvey Norman chart looks interesting, an all time high close after a two month consolidation, my type of trade. If JBH is anything to go by this has plenty of upside left. Does this fit in with your methodology Canaussieuck?
Hi YT, I use closing prices to help me identify support and resistance I pay no attention to what happened during the day, only where it closes. 7.6 cents is the price at which it closed on July 2nd then it consolidated for four days before breaking out again. It's the old principle of...
CUL needs to find support at 7.6 cents to remain bullish in the short term, if the pro's are serious about this stock they won't let it fall too far below this level.
All I wanted to see was a close above 7.6, to close at 8.7 is a bonus. I'm kicking myself though for not topping up earlier in the day when I had the chance, decided to buy IRM instead, time will tell if I made the right decision.
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