7058 replies to this topic

[Ninja]

Double shame... Forget R24, HAR now R23☺️

Shame.... Thought R25 was cheap for HAR now bloody R24

[cdb999]

Ok I see. I just decided to get rid of it hey. Will see what happens. Thanks. <br /><br />Sent from my D5503 using Sharenet Sharechat mobile app<br /><br />

[Gspot]

<br /><br /></blockquote><br />LOL.....easy money on the short gone, will rather go long (better reward to risk ratio).<br />Now R41.50 level.....nice  Just another R1.20 down please....</blockquote><br /><br /><br />True words brother. Any views on CFR. I went short from about 9600.you think it's time to bail and go long? <br /><br />

IF you went short at R96, you are already in the money.  (Not sure of your quantity held.....but I always use % gains to gauge my decision to enter and exit a trade...........so as example, If I make 10-15% return, I am satisfied and exit).   

I once again, think the risk to reward for a short has passed, more upside than downside.....

Technically - on the Daily, if today green upside candle is maintained to the close, and it can close above R92.85 level (13day EMA)....I think that is a positive upside indicator for it to go higher......MACD looks like its turning and so is stochastic.

Weekly......also looking good for a bounce (but if it cannot stay above R92.85 level.........maybe keep half of the shorts as the near term is down, unless the dailies continue to make successive highs today, tomorrow.....

 

Personally, I think the volumes and values on the overall market are thin......a bounce was needed, but I think it is short term relief......and then more downside (not excessive....but another 3-5%)!

[cdb999]

<br /><br /></blockquote><br />LOL.....easy money on the short gone, will rather go long (better reward to risk ratio).<br />Now R41.50 level.....nice  Just another R1.20 down please....</blockquote><br /><br /><br />True words brother. Any views on CFR. I went short from about 9600.you think it's time to bail and go long? <br /><br />

[Gspot]

Yes true hey. Or its a good time to go short. Maybe I will wait too lol.

LOL.....easy money on the short gone, will rather go long (better reward to risk ratio).

Now R41.50 level.....nice  Just another R1.20 down please....

[cdb999]

On a weekly chart.. Cci and macd indicating Strong sell signals. ON daily charts there's a huge divergence between the ROC and MACD and the price.


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I just checked that out now....and very valid point.  On that weekly chart, looks like nice support at around R40.30 level.....
Perhaps I will wait for another day or two....before buying.  (Generally speaking, when a share goes ex-div, normally the 3rd day is the best time to buy)....

Yes true hey. Or its a good time to go short. Maybe I will wait too lol.

[Gspot]

On a weekly chart.. Cci and macd indicating Strong sell signals. ON daily charts there's a huge divergence between the ROC and MACD and the price.

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I just checked that out now....and very valid point.  On that weekly chart, looks like nice support at around R40.30 level.....

Perhaps I will wait for another day or two....before buying.  (Generally speaking, when a share goes ex-div, normally the 3rd day is the best time to buy)....

[cdb999]

Gents. It seems to me FSRis extremely overbought. Trend reversal is imminent.


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Wat time frame u looking at it ?

On a weekly chart.. Cci and macd indicating Strong sell signals. ON daily charts there's a huge divergence between the ROC and MACD and the price.

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[Qbre77]

Gents. It seems to me FSRis extremely overbought. Trend reversal is imminent.

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Wat time frame u looking at it ?

[cdb999]

Guess, with the shares going ex div today, I can pick up FSR near R41.80 levels.........that will have to do then, for a long.
 
Sol will go below 200dayMA - ex div......sign it will go lower (with lower oil price, although weaker rand)........or will it bounce

There you go - hope you got in on your price this morning?
 
Good value for a long at current prices

Gents. It seems to me FSRis extremely overbought. Trend reversal is imminent.

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[chrisp]

Guess, with the shares going ex div today, I can pick up FSR near R41.80 levels.........that will have to do then, for a long.

 

Sol will go below 200dayMA - ex div......sign it will go lower (with lower oil price, although weaker rand)........or will it bounce

There you go - hope you got in on your price this morning?

 

Good value for a long at current prices

[Gspot]

FSR - Though I am very tempted to buy at current levels (R42.80), I would much prefer to buy at R41.50 levels (if it can get there this week still).....for me to have position for LDT dividend this Friday. 

 

Position required: 12 000cfds

Dividend 2.1% = R11 640 (Gross) or R9894 (Net)

 

I would be very happy with that return

 

Sasol - also LDT this Friday.

Guess, with the shares going ex div today, I can pick up FSR near R41.80 levels.........that will have to do then, for a long.

 

Sol will go below 200dayMA - ex div......sign it will go lower (with lower oil price, although weaker rand)........or will it bounce

[zoner]

Naspers... yay

[Gspot]

FSR - Though I am very tempted to buy at current levels (R42.80), I would much prefer to buy at R41.50 levels (if it can get there this week still).....for me to have position for LDT dividend this Friday. 

 

Position required: 12 000cfds

Dividend 2.1% = R11 640 (Gross) or R9894 (Net)

 

I would be very happy with that return

 

Sasol - also LDT this Friday.

[zoner]

Hopefully the alchemists will be working hard tonight to turn that gold price around and bring back some harmony to our portfolios...

[vlam]

Shame.... Thought R25 was cheap for HAR now bloody R24

 

Gold price is under pressure and their production volumes will be pretty much the same in 2015.

 

Irregardless, might consider a long if gold breaks upwards from $1200 in a meaningful way...

Edited by vlam-hobbyist, 01 October 2014 - 03:11 PM.

[Ninja]

Shame.... Thought R25 was cheap for HAR now bloody R24

[delta66]

long GRT 2450..target 2520

[Manjana]

Long WHL @ R69

[Ninja]

Buying cautiously on this dip hopefully with view to sell post year end rally and into Jan... some really oversold stocks and sectors