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Cash Converters (CCV) (MIR661)

CCV

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I was pleased to hear from a subscriber this week who has asked about one of the great conundrums in investment – when to sell. “I bought into Cash Converters (AU: CCV) two weeks ago after your comments in MIR, at 43Ac. Now it is at 53.5Ac and I am wondering about a quick profit taking. But I see it is looking like breaking through the MA line. If it does I guess it could move further up quite rapidly. What do you think?” By MA this reader is referring to the 89 day moving average (a t ...
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