7058 replies to this topic

[crowe]

With the LTD tom for LHC, any views on whether we see a further drop a bit from tom?

due to the massive response, i added LHC at 3650.

 

tp 3850 for now.

[crowe]

With the LTD tom for LHC, any views on whether we see a further drop a bit from tom?

[crowe]

Seriously considering topping LHC up at 3650, with a tp of around 3850.

 

 

[loading.....]

Seems to be a bit of a greener day today.....

 

Hope it gets greener....
 

[crowe]

Seems to be a bit of a greener day today.....

[soutie]

Perfect storm brewing on gold stocks, wondering just how much sentiment is being attached to the unions "war mongering" demands.

Foreigners must be assuming the worst with 84% pay rises as the opening salvo from NUM.

Also now trading comfortably below $1200/ounce.

Which one to short is the question for me it's either SBY or ANG

What say the crowd....? Ninja you is a gold bug.....what's your take...  

[crowe]

Hey Crowe

 

I wouldn't be long on SGL. I posted a chart about a week and a half ago (see SGL attached), where it broke support and was trading in a down channel. It is still trading in that channel (see new chart SGL-2 attached)

 

If it keeps this trend going it could go as low as R16-00, to find support.

 

Just my view. Hope I'm wrong, if your going to stay long.

Sigh...

 

thanx pilot, if this hits 1600 i will vomit.

 

Did you see the recovery in the later part of today (3:30ish)? What you make of that? in fact just tell me its not going to head in the 1600 direction!

[loading.....]

market has been brutal today. hope it recovers tomorrow

[Pilotpilot]

Added a chart for SGL guys.

 

There is actually 3 resistance lines it hasn't broken yet. The long term bull trendline (resistance) was also broken 5 days ago and it has been tested for 3 days now, and failed.

 

I dont like the setup at the moment. Just my view.

 

Hope I'm wrong, if your long

 

Here is my post on 12 May. see chart SGL on previous post.

[Pilotpilot]

this has probably been the most painful trade of my life!

 

i feel really stupid having not closed it a long time ago, and am not fighting for survival. Just hope there is not much more downside here.

 

Hope to get some input a little sooner than the VOD input i got previously. lol

 

Hey Crowe

 

I wouldn't be long on SGL. I posted a chart about a week and a half ago (see SGL attached), where it broke support and was trading in a down channel. It is still trading in that channel (see new chart SGL-2 attached)

 

If it keeps this trend going it could go as low as R16-00, to find support.

 

Just my view. Hope I'm wrong, if your going to stay long.

Attached Files

•  SGL.docx   223.43KB   12 downloads
•  SGL-2.docx   250.51KB   14 downloads

[Angazi]

I was so irritated to miss the spike to 25... I only hope that this is the bottom...

[crowe]

I am with you Crowe... Also still long and topped up at 2130... Bleeding

this has probably been the most painful trade of my life!

 

i feel really stupid having not closed it a long time ago, and am not fighting for survival. Just hope there is not much more downside here.

 

Hope to get some input a little sooner than the VOD input i got previously. lol

[Angazi]

I am with you Crowe... Also still long and topped up at 2130... Bleeding

[crowe]

TKG also a problem.

 

You still long here Delta?

 

i am considering topping up around the 6950 levels.

Edited by crowe, 26 May 2015 - 12:31 PM.

[crowe]

any views on SGL at these levels (buy/hold/sell)? what's the technical analysis (going up/down), or is it purely driven by the gold price?

i'm tempted to nibble   ooh! there is even the wage negotiation issue...

i am bleeding badly here, still long.....

 

have topped up twice, not sure if i should continue to do so.

 

nobody got a view on this??

[McEdama]

 

 

Take a look at the above infographic food for thought...!

Tjo! thanks Soutie, i'll pass

[soutie]

 

 

Take a look at the above infographic food for thought...!

[McEdama]

any views on SGL at these levels (buy/hold/sell)? what's the technical analysis (going up/down), or is it purely driven by the gold price?

i'm tempted to nibble   ooh! there is even the wage negotiation issue...

Edited by McEdama, 25 May 2015 - 12:38 PM.

[loading.....]

waiting patiently for VOD to show signs of reversal

[delta66]

% allocation ? where u planning on adding 

Hi GC..this was a "add" to my current open pos.  my allocation is now maxed on this trade.  will be medium term trade as my target is way up there..(>R128.00<)

 

--no fear!--

Edited by (*****), 25 May 2015 - 09:08 AM.