7058 replies to this topic

[AJS]

Also won't short SAB here. Strong lateral support R550 - R560 plus trend support. Also keep the weaking Rand in mind.

 

 SAB_weekly.PNG   251.64KB   36 downloads

[davidp13]

betting against beer! 

 

It's a trade that makes sense from a technical perspective but you will note from the attached chart that its broken the 200 at least 6 times in the last 4 years and in hindsight, each time has been a buying opportunity. Will this time be different? Time will tell... but I personally would not bet against SAB. Don't forget that SAB still has a significant presence in developed markets, including the US and Europe.

 

Screen Shot 2015-01-07 at 8.19.22 AM.png

+ consumers have more money each day as the oil price drops...first place money moves to are the sin goods and that happens globally

[gamma]

Placed an order to go short SAB.  Broke below 200 day moving average.  Plus EM very much not in favour atm.  Lets see how this plays out

 

betting against beer! 

 

It's a trade that makes sense from a technical perspective but you will note from the attached chart that its broken the 200 at least 6 times in the last 4 years and in hindsight, each time has been a buying opportunity. Will this time be different? Time will tell... but I personally would not bet against SAB. Don't forget that SAB still has a significant presence in developed markets, including the US and Europe.

 

 Screen Shot 2015-01-07 at 8.19.22 AM.png   97.62KB   48 downloads

[Trendspotter]

Placed an order to go short SAB.  Broke below 200 day moving average.  Plus EM very much not in favour atm.  Lets see how this plays out

[@sirgrantfleming]

AGL monthly... Some crucial support at these levels (bear in mind that there might be some noise when looking at this long term scale and "noise" might very well be a 5% - 10% move)

 

AGL_monthly_1.PNG

yeah - last time it was at this level i sold out *facepalm*

[@sirgrantfleming]

And what may today's celebration on share price be related to? I see tencent did well in Hong Kong today!!!

tencent announced they are starting a bank - no bricks only clicks

[AJS]

AGL monthly... Some crucial support at these levels (bear in mind that there might be some noise when looking at this long term scale and "noise" might very well be a 5% - 10% move)

 

 AGL_monthly_1.PNG   160.8KB   49 downloads

Edited by AJS, 06 January 2015 - 03:27 PM.

[AJS]

SPG sitting on trendline support here...

 

 SPG_daily.PNG   292.18KB   51 downloads

[Ninja]

NPN...you Beauty!

And what may today's celebration on share price be related to? I see tencent did well in Hong Kong today!!!

[delta66]

NPN...you Beauty!

[delta66]

...order on CFR 10151

revised buy order and now in 10101

[delta66]

...order on CFR 10151

[delta66]

looks like i was a little trigger happy on VOD ...no worries!! adding 12401

[delta66]

hello all! hope everyone is well rested and ready to tackle the new year ..building small pos in VOD@125.50 - target 130.00+

[gamma]

You better watch out
You better not cry
Better not pout
I'm telling you why...

[@sirgrantfleming]

..day's like today make it all(risk) worth it.  a rock n roll end to the year!

 

let me take the opp to wish all a happy, blessed and safe festive season.  see you all again after new year

missed buy orders to double CFR and SAB by less then R1 at the lows - still a great day - have a good one - CML still the clear winner!

[delta66]

..day's like today make it all(risk) worth it.  a rock n roll end to the year!

 

let me take the opp to wish all a happy, blessed and safe festive season.  see you all again after new year

[gamma]

Shorting sasol at these levels sub R400... after the horse has bolted can be dangerous.... With thin volumes and year end window dressing and Santa around hope you have stops in place. Strong Relief rally will come rather soon....

 

yep. its a very small position so my risk is under control. Think you right that we should see a bounce this week. Short term looks very oversold but the trend is very much down so would not be surprised if its lower in a month from now. 

[Ninja]

Shorting sasol at these levels sub R400... after the horse has bolted can be dangerous.... With thin volumes and year end window dressing and Santa around hope you have stops in place. Strong Relief rally will come rather soon....

[gamma]

shorted Sasol. bit late to the game but looks like more oil downside on the cards.