AngusMcK

$CCX:ASX - CITY CHIC COLLECTIVE - Up 175% over 12 months

Long
ASX:CCX   CITY CHIC COLLECTIVE LIMITED
106 views
3
City Chic had a great run through most of 2019 with a slow down / consolidation phase from October through to December. Might be about to start to move up again with any luck. Worth a watch.

City Chic Collective Ltd. engages in the retailing of women's clothing in Australia, New Zealand, South Africa, and the U. S. It offers its products through various brands, such as Millers, Crossroads, Katies, Autograph, and Rivers. The company was founded by Arnold Ian Miller and Sara Miller in 1993 and is headquartered in Alexandria, Australia.
Comment: Pretty bumpy, but big post Corona / March lows run.

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SUPERTRAIL INDICATOR: https://supertrail.io/

MY TRADINGVIEW TIPS AND TRICKS VIDEOS: https://bit.ly/3hR8re4

ZERO COMMISSION TRADING for AUSSIES, KIWIS, POMS & BRAZILIANS: https://bit.ly/2KxU820

Comments

Hi Angus, thanks for your many ideas, particularly those on the ASX. I see here you're doing some pattern recognition. As you know I use the Elliott wave principle.

I watched your video on using the stock screener which I hadn't used before and now feel confident to use it. I'm approaching screening slightly differently and identifying weak stocks because the longer a trend in a financial instrument is in place the closer it is to ending. It's a risky play but highly rewarding. This is how I picked BDA before the price low of 15 May occurred at <0.25. It then ran to 0.72.

Here are a few ideas for you. BDA (yes again, might be very close), YOJ (yes again), XAM, OVH, OVN, BRN (the run yesterday should fail if I'm right but there is still some wait). I would like to chat more.

Regards
Noel
Reply
AngusMcK kitdoctor
@kitdoctor, Hi Noel, beauty of the stock market is so many different ways to trade and make (or lose) money. I have several friends who like to looks for weaker stocks and do well. I like the idea of buying consistently running stocks like the VISAs of the world, but after a pull back so they are slightly better value when I get in. The trick of course is trying to find the ones running consistently but harder than others - eg the 100% annual gainers vs the 50% gainers. Its all a good challenge.
Reply
kitdoctor AngusMcK
@AngusMcK, ...and the market never sleeps. Just look at CAN. Hit a low of 0.375 10/12 and then rockets away to 1.26 on 7/1. Just while most of us were winding down and celebrating it drops a great trade in your lap. Cheers Noel
Reply