IRE 0.10% $9.96 iress limited

hi eternit over here, page-10

  1. 8,026 Posts.
    Thanks Jackandjill.

    Holding CSL, FMG, RHG and IRE at the moment.

    ANN looks like a stock to short, should be 7~8% money there.

    Henhao mention this stock ALL to me and I've had a good look at it last night.
    ALL's candlestick pattern looks bearish (Dark Cloud) higher volume than the previous UP day, and has been trading in this range, unable to break and hold the $4.00 since Nov 08, so I think she is going to fall back, maybe there is oppt. there to short her back down, I see a good 7~8% money there as well (if I go short on Monday)

    Longer term will ALL, when a stock hasn't been unable to break for so long, and she has been consolidating in these low $3s to high $3s for so long, it is going to break, either massively up or down. The gap from 30th of July 08 of $4.50 hasn't been filled yet.

    I have since added ALL on my watch list and I will follow her everyday. Long term - look for a break out to occur, fill the gap and see if you can change trend, to go long.

    If she falls under the support $3.18, and go lower, I see a massive short oppt. to make some serious money.

    And also SUN, SUN has finally broken thought this $6.60 resistant, looks like a break out, but has to see if Monday she can hold (we will see that at 3:45pm), if indeed is real, I will go long on her. I need tomorrow to see if this is a real break, not a false break.

    SUN and ALL's pattern is very much the same, SP been traveling in this trading box.


    And finally IRE, happy to hold IRE...but for only now.

    If we take a look at the chart, on the 28th of May high was $7.42, 4th of June $7.34, 12th June $7.26, and if we draw a line there, clearly there is a strong resistant and it is point down, on Friday, we manage to get to $7.26 but failed to hold. Volume has been also decreasing from the 27th of May, and so did IRE's SP, these are the early indication that the trend could be changing. Tomorrow at 3:45pm, if she fails to hold above the $7.26, I will close my position on IRE. She needs to give me a 2-3% gain tomorrow to lure me to stay.


    Trade the market you see, not the one you want to see.
    Anything can change in a blink of an eye.

    No advice given, just my humble opinion. Buy/sell anything at your own risk.

    Cheers buddy.


 
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Last
$9.96
Change
0.010(0.10%)
Mkt cap ! $1.880B
Open High Low Value Volume
$10.00 $10.06 $9.95 $1.816M 181.8K

Buyers (Bids)

No. Vol. Price($)
1 933 $9.95
 

Sellers (Offers)

Price($) Vol. No.
$10.00 19365 9
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
IRE (ASX) Chart
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