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POSITIVE BREAK OUT FROM FLAG PATTERN

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AJ_
Contributor
Is this a good time to buy considering what appears to be a positive breakout from a flag pattern. I am looking at holding for the short term ( under 3 months ).
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7 REPLIES 7
Not applicable
why are you asking, if you have your pattern set up? Or is confirmation of your trade by the forum part of your trading system? (in which case, who are you going to believe, because it is almost guaranteed that you will get alternative opinions in the post.) My 2c worth - no.
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prancing_horse
Super Contributor
Well,just to confirm Skaaptjop's statement, yes I opened 2 positions ,one just under 100 & one just over. I don't, by any stretch of the imagination, to shoot the lights out. Just looking for a quick nibble, up to 105, maybe a little more. So there you have it..ja,nee
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AJ_
Contributor
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Rams
Super Contributor
Long....in a one year trading portfolio
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Cedric_1
Contributor
Agree with RAMS its a longer term prospect. I use it as a banker but sold 90% of my holding on 7 July and am now starting to feed back in but on the Webtrader platform.
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Cedric_1
Contributor
Agree with RAMS its a longer term prospect. I use it as a banker but sold 90% of my holding on 7 July and am now starting to feed back in but on the Webtrader platform.
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prancing_horse
Super Contributor
Starting to pick up momentum in the right direction
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