ASX Shares The 10 share challenge

Discussion in 'Shares & Funds' started by Silverson, 18th Feb, 2019.

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  1. willair

    willair Well-Known Member Premium Member

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    Dollar tumbles as Australia seeks urgent clarification on China's coal ban

    We may see a pullback with some of the miners today,as the line-up to sell and buy in about the same..

    Long-term it's not important and one only has to study the equities investors within this site,no matter what they invest in..

    All the bears sell at the resistance ,and all the bulls buy at support and others wait for the trend to identify itself if you can find the middle ground between all them as price always retraces ..

    quote..Warren Buffett ,1988..

    The market is there only a reference point if anybody is offering to do anything foolish..
     
  2. devank

    devank Look, lets just get on with this, ok?

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    Buy at support and sell at the resistance - Isn't that a good trading strategy?
     
  3. willair

    willair Well-Known Member Premium Member

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    Just try it on a 450k demo account and span it over 5 top 20 asx listed ,and it takes discipline and patience ..

    Pull backs will go into all timeframes ,if you wait till the price drops just below the previous low then the big money comes in funds-- big money players-- punch drunk investors then get ready for the pullback as it will return to re-test the old level of support then sell on the first signs of resistance..

    Anyone could have done on something like CBA when it was recently around $65-67 entry range now it's about $73--34 and a few weeks till the dividends --franking credits ..imho..
     
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  4. Silverson

    Silverson Well-Known Member

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    Original post says CAN NOT SELL, trading strategies have no place in this thread haha!!

    CBA
    TLS
    VAS
    WBC
    NAB
    MLT
    BHP
    ANZ
    PL8
    SOL
     
  5. Swuzz

    Swuzz Well-Known Member

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  6. Cmelderis

    Cmelderis Well-Known Member

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    Holding any CPV now? Or were you ever?
     
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  7. datto

    datto Well-Known Member

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    No I've never owned CPV. I just thought the technology was interesting. Their share price just seems to be be floundering.
     
  8. Cmelderis

    Cmelderis Well-Known Member

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    Indeed....still struggling after that pump and dump....long term I think it should recover
     
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