Opportunities are Approaching Nicely
Nicholas Forsyth
Market Matters
When both investing and trading, a number of factors come into play, but two simple scenarios are identifying an excellent company ahead of the market and secondly identifying the correct price to pay for an excellent company. Our activity in Commonwealth Bank (CBA) this year falls clearly into category two, as we exited the stock around the $95 level and have so far enjoyed the 16% correction back to the $81 level – see chart 2b. Patience looks like it may well pay off in coming days / weeks as the stock enters my initial target area and I am likely to purchase 1/3 - 1/2 of my potential ultimate holding. (VIEW LINK)
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Market Matters is an online investment and share trading advisory service designed for those that want to take their wealth further. We specialise in advice for active share market investors, including those new to the markets or those with a Self Managed Super Fund (SMSF). As a member, you will receive twice daily and weekly trading and investment advice focusing primarily on ASX equity investments. Additionally, we share his market positions and provide an ongoing outlook on key stocks and markets that matter. We provide clear share trading and investment buy and sell recommendations with the clear aim of outperforming the market. https://marketmatters.com.au/
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2 stocks mentioned
Nicholas Forsyth
Director
Market Matters
Market Matters is an online investment and share trading advisory service designed for those that want to take their wealth further. We specialise in advice for active share market investors, including those new to the markets or those with a Self...
Expertise
No areas of expertise
Nicholas Forsyth
Director
Market Matters
Market Matters is an online investment and share trading advisory service designed for those that want to take their wealth further. We specialise in advice for active share market investors, including those new to the markets or those with a Self...
Expertise
No areas of expertise
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