FA:
Dividend Yielding stock, therefore, one that a lot of investors consider in their portfolio.
Flight travel is lower, reopening of several rail line due to the increase in demand of rail travel.
TA:
Not currently a good buy area, would be wise to set buy orders near support line or treat it as a longer play and buy in now and ride the retracement till it begins to move up.
But always remember, if a stock falls by 2%- it has to then rise by 4% of the new price for you to be at break even again- based on that judgement, watch your trade entries wisely.
PS. Not investment advice, please be responsible and trade diligently and manage risk.
-Megalodon (Rahim)
You are welcome to post your ideas or share your point of view :)
SRAIL
SWB:6RL
Dividend Yielding stock, therefore, one that a lot of investors consider in their portfolio.
Flight travel is lower, reopening of several rail line due to the increase in demand of rail travel.
TA:
Not currently a good buy area, would be wise to set buy orders near support line or treat it as a longer play and buy in now and ride the retracement till it begins to move up.
But always remember, if a stock falls by 2%- it has to then rise by 4% of the new price for you to be at break even again- based on that judgement, watch your trade entries wisely.
PS. Not investment advice, please be responsible and trade diligently and manage risk.
-Megalodon (Rahim)
You are welcome to post your ideas or share your point of view :)
SRAIL
SWB:6RL