CPB 0.00% $9.95 campbell brothers limited

I have a claculated bottom on this stock of $11.42 and it seems...

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  1. 169 Posts.
    I have a claculated bottom on this stock of $11.42 and it seems to have tested it and moved up.

    This is a very strong stock but liquidity is always an issue and it hardly ever trades above 100k units so is likely to make large moves in price.

    I would and do feel comfortable to hold this stock long term.

    htere is a drop gap around the $32.50 mark but i am unsure as to just how long it will take to revert back to that level.

    Long term holder should have this stock at a good price and as such should continue to hold.

    I topped up during the $9 special and then sold out at $33 as the chart indicated a major fall.

    I got back in at $23 because i missed the forming of the reversed HEAD AND SHOULDERS that appears to be completing and should take it back to close out the gap.

    Regards

    Stu
 
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