XMD 1.44% 10,451 s&p/asx midcap 50

The Big Boys, page-245

  1. 1,545 Posts.
    lightbulb Created with Sketch. 68
    thanks orwell for your detailed reply

    have never bought CZZ but read an article about it over a year ago and it interested me but then i forgot to add it to my watchlist and promptly forgot about it.

    then someone mentioned it on the DTT about it having some good gains so i looked at the chart and slapped myself for not following through on my initial interest

    i agree that now is not the time to jump in but was looking for a good pullback and entry point

    i will do up a chart and post later what i think those points are and see what you think

    as for BAL, i sold a lot of stocks to bring our position to majority cash a while ago, and that included selling BAL at 4.80, thinking i would be able to buy back lower

    well that has worked for the majority of the stocks i sold (though still haven't bought them back yet) but BAL has just gone vertical

    it has been an amazing run since it listed in aug 2014, and i am now looking for a new entry point

    on my chart i have drawn 3 lines where i thought it could go to ... though the 3.50 one would be a stretch at this rate

    i am thinking if it got back to the 4.35 line it would be a possible entry point, sometimes i can clearly see entry points on charts and other times it is not so clear, this is a not so clear one!

    upload_2015-9-12_9-12-11.png
 
watchlist Created with Sketch. Add XMD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.