RE: If the cap fits4 Jan 2019 15:20
Nice one. First new positive trend-channel in the making if this holds. The Sp well above the important 508 support and very close to the first bullish trigger at 513. (But still a distance to the 533p buy signal.)
All well, George123!
While the current market remains a little scary, I mostly rely on TA during the week to week trading and let the broker software click the button where the auto trade has been placed. Better to avoid the human factor. Imagine there is an important rise ahead, all your greel lights are blinking, but your interent break down, or you're stuck in traffic. If a crucial limit is climbed or breached (such as the calculated 533p), then a new mid term up-trend is set free where everyoen can easily participate. I for one call this 'foresight'.
At least I hope the calculation last year November that Kaz has NOT been a long term buy just yet, unless 538 and 551 climbed, has been useful to someone. Each to their own strategy!
No mistakes????
Remember that from what we've read, many on here seem to have gotten fantastic 590-600p selling prices back in autumn, while I had to live through this nasty rollercoaster ride, and eventually unload in slices and accept 560ish, 550ish and even 540ish prices. Others on here also managed 435p entries, while I waited for the TA confirmation at 462 and 474. Quite long wait!
In the end, my last chunk of slicing has not been that good. But eventually the more shots you have, the better the overall result.
IMO its difficult to time right one fat 50k worth buy entry, and later sell all of it at the perfect time. So I usually work with topups - during an active rise - and topslice during a drop. While most PIs work the other way around and keep buying a nastily dropping stock - and later keep holding on to a rising share even if it has peaked out.
(Cheap is cheap! Right?)