Peaceful-Weekend-Investing

Time to enter ASX:CSL ⁉️

ASX:CSL   CSL LIMITED
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.
코멘트:
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
코멘트:
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.
코멘트:
Not of out mind - just tracking on weekly chart

disc: have tracking position still , no recommendation to buy or sell
코멘트:
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.
코멘트:
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
코멘트:
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

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