Last week, CSL management received positive feedback and the stock is currently in a base. While there is no confirmation of a new trend, the risk-reward ratio is favorable to add a small amount and let the market guide for further additions. I will only add up to 50% of my position in the low base, so if the stock fails to reach its all-time high, I will still have some gains to take away. The stock symbol is $ASX:CSL.
Disclosure: I am investing in my super account for the first trance I cannot provide any recommendations to buy or sell. It is essential for you to conduct your own research.
Disclosure: I am investing in my super account for the first trance I cannot provide any recommendations to buy or sell. It is essential for you to conduct your own research.
Commento:
Nice rebound ...I like this price action...immediate buy ...means someone accumulating at these level ..potentially ..its all about probabilities
disc: just a starting position for testing the water, do you own research before investing, no recommendation love to share my learning experience as journey.
disc: just a starting position for testing the water, do you own research before investing, no recommendation love to share my learning experience as journey.
Commento:
Not of out mind - just tracking on weekly chart
disc: have tracking position still , no recommendation to buy or sell
disc: have tracking position still , no recommendation to buy or sell
Commento:
Will ASX CSL come back on track or go to sleep for months at the top end of the lower range? Thank god, just added a small trance.
Disclosure: invested, starter position.
Disclosure: invested, starter position.
Commento:
It is not always picture perfect; if you can see the resistance line lowest one, look at the price action before taking a decision
Squat the price was doing was telling that there are many value buyers at that level
Use this for your learning, and later, you can earn
disc: invested
Squat the price was doing was telling that there are many value buyers at that level
Use this for your learning, and later, you can earn
disc: invested
Commento:
I want to share something with you.
I drew a yellow line, band, for a reason
and stock did all drama and dance attract attention.
In hindsight, I can say - The idea was to get rid of weak hands and bring in more long-term investors.
Now that the weaker investors are out of the picture, the stock gave a decent rally , mind you this is large-cap stock ASX
Hope this helps!
disc: invested in long term portfolio , no recommendation
I drew a yellow line, band, for a reason
and stock did all drama and dance attract attention.
In hindsight, I can say - The idea was to get rid of weak hands and bring in more long-term investors.
Now that the weaker investors are out of the picture, the stock gave a decent rally , mind you this is large-cap stock ASX
Hope this helps!
disc: invested in long term portfolio , no recommendation
Join me on Twitter @bhatiashivendra to stay updated on my thoughts and insights on stocks, financial assets, and markets. I focus on research-based analysis and avoid hype. As an experienced investor in a diverse range of assets, I invite you to conduct
I am looking for great companies that can start making me money right away ...no keen on great prices..
Opportunity loss is key for me
disc: just a starting position for testing the water, do you own research before investing