RE: UK Stocks - Watchlist and Discussion (Premium)
(2014-12-11, 10:29 PM)pcabc Wrote: Interesting to see how this pans out. At some point I suppose there are only the most dogged buy and holders left, the ones that would rather wait it out no matter what.
Here's a good example (although from the US market) of an energy stock with a similar chart that's now started rebounding, and has moved over 100% in two weeks. This is the kind of price action that I was warning about in the previous post, as when they are so far extended from their moving averages, you can get extreme corrections.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.