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.
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I add taster position to see if stock will move up....again fundamentals needs to match price action ..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
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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.
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Not of out mind - just tracking on weekly chart disc: have tracking position still , no recommendation to buy or sell
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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.
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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
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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
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
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.