Cash Converters (CCV) (MIR661)
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 ...
