35854 replies to this topic

[Argento]

Ok,  going well, the path is well oiled.  The target for the small kickstarter IHS will close the first gap (50129). Should get pullback there. Then Back to complete the bigger IHS in the dip (50350-50450). Thats the gap resistance od 2nd gap.... 

First, 1.618% 49750.  Might spend a while there to unwind  a bit.  Getting overbought. 

 

so...  ~49750 -> ~50129 -> ~50400 

Nice calls DB!

 

A

[Midas1]

Thanks


I dont know much re alsi but thought it would mess your system up...I have longs...think I'll hold and buy more maybe tomorrow?

[~DB~]

ALSI big IHS well underway. Initial 1.618% target hit at 51700, finding some resistance as expected. Both gaps now closed.  Final target for IHS at ~52800.  Going very overbought now on daily so should get a unwind any moment. Maybe back to just below 50k IHS neckline.

So far so good for 52800.   The rest will probably come Thursday FC.   Then that juicy 1200p post FC dropling.  Munch Munch Munch!

[Argento]

Oops didn't get to sell my long...what figure you think npn could go down to? 2483 at moment...maybe I should cut my loss...

The stock split buggered up the Naspers chart so difficult to say, Alsi poised to make its low tomorrow so if you can hold and buy in cob tomorrow!Should run hard again from Thursday...

 

Lesson: Never buy in the summer....

 

A

[Snippit]

Well...the IG gang was right!

 

A

 

Where? must have been on the PM forum where all the secrets are kept and the plotting to dupe the newbies is done. 

[Midas1]

Oops didn't get to sell my long...what figure you think npn could go down to? 2483 at moment...maybe I should cut my loss...

[Argento]

JSE, Top 40 Futures Index

This hourly chart for the JSE Top40 futures index indicates that the the original target for 4 was extended by 1.62 to the channel resistance line. The target for 5 will be a 0.62 retrace of 4.

https://jsecharts.bl...ures-index.html

 

 

retrorsum

 

Well...the IG gang was right!

 

A

[Snippit]

JSE, Top 40 Futures Index

This hourly chart for the JSE Top40 futures index indicates that the the original target for 4 was extended by 1.62 to the channel resistance line. The target for 5 will be a 0.62 retrace of 4.

https://jsecharts.bl...ures-index.html

 

 

retrorsum

[~DB~]

ALSI big IHS well underway. Initial 1.618% target hit at 51700, finding some resistance as expected. Both gaps now closed.  Final target for IHS at ~52800.  Going very overbought now on daily so should get a unwind any moment. Maybe back to just below 50k IHS neckline.

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[Midas1]

Re portfolio managers jse and Aex ones could buy from Wednesday

[Midas1]

Hi Nosh, would you then imagine prosus will get more buys from portfolio managers? Surely re npn they would have done this allready

[nosh]

Not easy to sit hey...lol

 

See no reason to sell M, usually when they launch these new shares investors fear to miss out and jump in, apart from your daily fluctuations trend remains up.

 

Actually see Monday as strong bulllish!

 

Roll overs also taking place so should keep pushing her up, daily IHS still driving this thing...

 

Have a good weekend

 

A

Many have to re-align portfolios according to mandates

[Argento]

Cheers, you so right, hardest thing about trading is doing nothing

And yet..is where the big money lies!

 

A

[Midas1]

Cheers, you so right, hardest thing about trading is doing nothing 😁

[Argento]

Hi A, sitting on these npn shares patiently lol, have good weekend....ps think instituted can sell of prosus on Monday as aparantly only shows in their accounts then, although for some reason mine showed yesterday...surely this could make npn do quite a dip Monday?

Not easy to sit hey...lol

 

See no reason to sell M, usually when they launch these new shares investors fear to miss out and jump in, apart from your daily fluctuations trend remains up.

 

Actually see Monday as strong bulllish!

 

Roll overs also taking place so should keep pushing her up, daily IHS still driving this thing...

 

Have a good weekend

 

A

[Midas1]

Hi A, sitting on these npn shares patiently lol, have good weekend....ps think instituted can sell of prosus on Monday as aparantly only shows in their accounts then, although for some reason mine showed yesterday...surely this could make npn do quite a dip Monday?

[Snippit]

JSE, ALSI Swix, JN43 

Update 12th Sept: The target was overshot a tad, due entirely to the hooha surrounding the incredibly poorly handled split of Naspers.

 

 

https://jsecharts.bl...is-pattern.html

 

 

Deconstruction in progress. Mind your head.

[~DB~]

 JSE, Naspers, NPN (Updated)

 

 Update 12th Sept: The target was overshot a tad, due entirely to the hooha surrounding the incredibly poorly handled split of Naspers.

 

https://jsecharts.bl...aspers-npn.html

 

 

 

SWIX?

[Snippit]

 JSE, Naspers, NPN (Updated)

 

 Update 12th Sept: The target was overshot a tad, due entirely to the hooha surrounding the incredibly poorly handled split of Naspers.

 

https://jsecharts.bl...aspers-npn.html

 

 

 

[Midas1]

Ok appreciate advice