Today's CFD Call

Resources still very bullish today... mmm, my precious!  

Jip. Think breakout is imminent. SOTP valuation sits somewhere around R115-ish.  So trading at a fair discount at the moment.

correct  + try and find a bullish story about now with a chart backing it...

PSG Weekly...

Jip. Think breakout is imminent. SOTP valuation sits somewhere around R115-ish.  So trading at a fair discount at the moment.

PSG Weekly...

A look at BVT. Sitting tight on support zone R275 - R278 area. Upper end of this channel comes in at the round figure of R300.  Some overhead resistance evident at R290-R293 area.  Look to go long at current levels for a bounce towards the circled area.

 BVT_daily.png   287.04KB   32 downloads

Keep an eye on GRT.  If this breaks down it will easily slide to R23.  Otherwise it might have the makings of a bull flag setup and a break above R24 - R24.30 might see it go all the way up to R25.50.  

Closed IMP short for small profit.

I is getting nervous lost toooooo much with this one in the past 

WHL WEEKLY aslo forming a H&S, if this breaks under 60. we got problems.. but a classic short no doubt.

me thinks that boat sailed already...

yep..blood is a flowin got cold feet on SGL maybe just as well, carrying a diverse cfd portfolio already that will undoubtedly need adjusting so hands full and keeping head cool

SEA OF RED!!!!!

WHL WEEKLY aslo forming a H&S, if this breaks under 60. we got problems.. but a classic short no doubt.

me thinks that boat sailed already...

WHL WEEKLY aslo forming a H&S, if this breaks under 60. we got problems.. but a classic short no doubt.

yes..looking @CFR(thanks Dave) tech setup there's compelling argument for trending lower so can understand further downside view..for my sake lets hope currency buoys this somewhat, if not will ave down(my initial buy/sell is always  one third pos size)

 

sidenote..houzit AJ!!

Howzit back at you!

yes..looking @CFR(thanks Dave) tech setup there's compelling argument for trending lower so can understand further downside view..for my sake lets hope currency buoys this somewhat, if not will ave down(my initial buy/sell is always  one third pos size)

sidenote..houzit AJ!!

DSY daily.  Sitting tight on 200DMA and lateral support going back to Apr 2013.  My target for a bounce would be up to broken support at R97-ish.  If it finds resistance there it might potentially set up a H&S structure.  RSI showing a 52-week low as well and yesterday's sell-off was on quite big volumes (capitulation) ?

long CFR 8950

i actually see this bad boy going for R82 and then R80...just my 2c

NP - i actually wish this forum will go back to what it was meant for.

and to put myself out there here you have a chart of CFR

and for good measure a couple extra - happy for anyone to comment

I hear you. Do not see the value in posting proper TA as I feel it is a) not appreciated and b ) not contributed or even attempted ... Thanks for breaking the drought, I might just follow!

Edited by AJS, 10 October 2014 - 10:18 AM.

just wanted to add...many thanks for your input great seeing members offer different views and is what this forum is meant for

NP - i actually wish this forum will go back to what it was meant for.

and to put myself out there here you have a chart of CFR

and for good measure a couple extra - happy for anyone to comment

i actually see this bad boy going for R82 and then R80...just my 2c

just wanted to add...many thanks for your input great seeing members offer different views and is what this forum is meant for