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From: | "Nick McCaw" <nick.mccaw@intelligentinvesting.co.nz> |
Date: | Wed, 23 Jan 2002 09:24:43 +1300 |
Morning everyone,
Challenger has been sitting in our watchlist since we last
sold it on 17-12-01.
We bought it again yesterday with the intention of actually
making a profit this time. Everything looks ok and a good move yesterday on
increased volume is promising.
There is substantial resistance between $3.45 and $3.50 so
people might want to wait for a move above $3.50.
Stops set around $3.30 but not in the market
today. A good looking trade.
Regards Nick M.
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