Oh my from darling to dog in 18mths...... 
May take a spec nibble around 70c if it gets there...?
Ellies
Started by
10gbusc
, Sep 19 2014 01:47 PM
332 replies to this topic
#321
soutie
-
- Senior Member
-
- 1,787 posts
Sage
Posted 14 October 2014 - 01:17 PM
Anyone need a heads up...!
#322
McEdama
-
- Members
-
- 137 posts
Member
- LocationJohannesburg (RSA)
Posted 08 October 2014 - 10:59 AM
+50% dive the last 3 months. This is only going one direction , and it's not north....
#323
gamma
-
- Senior Member
-
- 1,470 posts
Sage
- LocationEverywhere
Posted 19 September 2014 - 05:43 PM
Easy. Same as adding anything.
1+1=2
1 pic screenshot + 1 pic screenshot = 2 pic screenshots.
1+1=2
1 pic screenshot + 1 pic screenshot = 2 pic screenshots.
How do i add a picture screenshot of the chart?
Do not try and bend the market. That's impossible. Instead... only try to realize the truth. Then you'll see, that it is not the market that bends, it is only yourself.
#324
HDB
-
- Senior Member
-
- 5,229 posts
The Oracle
- LocationBy the sea
Posted 19 September 2014 - 02:59 PM
Its an illiquid share, thus a move down of 10c very possible and happens all the time, especially when you have a 5c spread. If you looking for a 50c gain, you cannot be worried about a 5-10c fall before there.
for illiquid shares, techs count for nothing!!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#325
ThatBlackGuy
-
- Members
-
- 121 posts
Member
- LocationJohannesburg
Posted 19 September 2014 - 02:58 PM
Fundamentals aren't stacking up here. I'm actually worried that these guys might have to go to the market to de-risk their balance sheet.
Its an illiquid share, thus a move down of 10c very possible and happens all the time, especially when you have a 5c spread. If you looking for a 50c gain, you cannot be worried about a 5-10c fall before there.
Yes, I will take your money! 
#326
10gbusc
-
- Members
-
- 10 posts
Newbie
Posted 19 September 2014 - 02:54 PM
Its an illiquid share, thus a move down of 10c very possible and happens all the time, especially when you have a 5c spread. If you looking for a 50c gain, you cannot be worried about a 5-10c fall before there.
#327
HDB
-
- Senior Member
-
- 5,229 posts
The Oracle
- LocationBy the sea
Posted 19 September 2014 - 02:10 PM
My own
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#328
10gbusc
-
- Members
-
- 10 posts
Newbie
Posted 19 September 2014 - 02:09 PM
May I ask which service you use to get that report?
My own
#329
HDB
-
- Senior Member
-
- 5,229 posts
The Oracle
- LocationBy the sea
Posted 19 September 2014 - 02:07 PM
down 7% today 
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#330
chrisp
-
- Members
-
- 22 posts
Newbie
- LocationSandton
Posted 19 September 2014 - 02:01 PM
May I ask which service you use to get that report?
Trade View:
Long Ellies (ELI) @ R2.00
Technical View:
The share seems to have found a double bottom at the R1.75 level, and has since been moving higher on increasing volume.
Our Impulse system indicates we have a buy signal of short term momentum to follow.
The MACD has given us a higher low whilst the price has made the same low (Bullish Divergence).
The first target would be 50 EMA and previous resistance level at R2.35, with second target at R3.00
A trade below R2.05 with targets mentioned above, should be set with a stop loss at R1.90
This represents a reward/risk ratio of 3:1 to target 1, and 10:1 to target 2.
Edited by Christo, 19 September 2014 - 02:01 PM.
#331
10gbusc
-
- Members
-
- 10 posts
Newbie
Posted 19 September 2014 - 01:59 PM
How do i add a picture screenshot of the chart?
#332
zoner
-
- Senior Member
-
- 272 posts
Advanced Member
- LocationSouth Africa
Posted 19 September 2014 - 01:57 PM
About time...
Paranoid Android
#333
10gbusc
-
- Members
-
- 10 posts
Newbie
Posted 19 September 2014 - 01:47 PM
Trade View:
Long Ellies (ELI) @ R2.00
Technical View:
The share seems to have found a double bottom at the R1.75 level, and has since been moving higher on increasing volume.
Our Impulse system indicates we have a buy signal of short term momentum to follow.
The MACD has given us a higher low whilst the price has made the same low (Bullish Divergence).
The first target would be 50 EMA and previous resistance level at R2.35, with second target at R3.00
A trade below R2.05 with targets mentioned above, should be set with a stop loss at R1.90
This represents a reward/risk ratio of 3:1 to target 1, and 10:1 to target 2.
