Buy some first to make first buy. Once uptrend resume, make your second buy - 2 step strategy
wah..olam? look like ranging since oct 2009 until now.. i think i got better place to put my money.
Sorry if you can't click on the link(seems like it, you can copy and paste the link on another browser) or search under topic forum: Noble Grp. Last post as below:
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| star-trader Senior |
Posted: 24-Mar-2010 16:06 |
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As I have always mention...Make your own judgement and do your homework if this is really a call that you want to follow.. Anyway, from my opionion, stay sideline first for Noble. If you want to go for commodity play, OLAM could be a better choice if you want to lock in at the price now..and make sure you offload it when you have gain some profit... SOBAYOR, Star-Trader |
star-trader ( Date: 25-Apr-2010 13:02) Posted:
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Well, yes it is a commodities portfolio and pending its next move , stand and wait side line can also be seen on the chart itself. "Indecisive" on the candlesticks itself , but anyway, definitely it will rebound again when the uptrend signals are shown.
Olam will be a better one to go for now again?? http://www.sharejunction.com/sharejunction/listMessage.htm?directAccessMessageID=282969#MID282969 Haa..funny..this I mentioned before during the previous run-up but without a question mark ya cause must really do a TA on Olam yet again. Let's see if it good to do it :) Post on Noble Grp when broker called the Target Price at 3.70 instead. http://www.sharejunction.com/sharejunction/listMessage.htm?directAccessMessageID=282969#MID282969
but I called on OLAM instead which the price was at 2.59 at that particular time. If you notice the chart, the run-up wave occurred from that time onwards till 15 Apr 2010.
Noble is trying to chart its new strategic direction. Penging its next move, we should stand and wait by the side-line. It is still a long-term buy in view of its growth commodities portforlio. Be patient, wait first!
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