15225 replies to this topic

[Zanme]

My opinion, we won’t trade 50c…
1) Algos don’t trade H&S
2) H&S is a very unreliable pattern and when they originate, its often at major tops, or major bottoms (Inverse).

Still, its always good to hear from the other side of my trade. It’s what makes a market after all, if you are indeed short.

Steinhoff is jumping whats the news?

[KP7]

Relax, its the right shoulder on the charts 

 

My opinion, we won’t trade 50c…

1) Algos don’t trade H&S

2) H&S is a very unreliable pattern and when they originate, its often at major tops, or major bottoms (Inverse).

 

Still, its always good to hear from the other side of my trade. It’s what makes a market after all, if you are indeed short.

[Scalptrader]

Nope. Was wondering the same thing. Csnt find any news.

 

 

Has any one got some news! See share shooting up!!

 

 

Relax, its the right shoulder on the charts 

[Squideye]

The stock market and the new corona variant in Southern Africa - Shoot first, ask questions later...

[Snippit]

Steinhoff – SNH, JSE

 

https://el834862649....inhoff-snh-jse/

 

The negative sentiment chose to persist and tight stops did the rest, obliterating the suggested divergence. The end of the turkey trot and arrival of the new month bodes well for the upturn, which has the indicated 1st target adjustment for the completion of the 1st primary wave. I am holding and watching for a breakout and test to add.

 

 

https://www.lifesite...ab-will-poison/

 

 

 

 

 

 

[Sleepwa123]

Nope. Was wondering the same thing. Csnt find any news.

[Sleepwa123]

Nope. Was wondering the same thing. Csnt find any news.

[DayTraderDad]

Has any one got some news! See share shooting up!!

[Squideye]

https://www.news24.c...embers-20211124

[DeltaHedge]

Then I will change my name to "Quideye"...

 

I just hope our patience pays off, its been an age.

[Zanme]

https://www.moneyweb...urniture-owner/

What is Steinhoff percentage interest in Pep? What will it be after the handout to Christo?

[Squideye]

9 bucks would be a sweet start but she has a lot more to run

Then I will change my name to "Quideye"...

[DeltaHedge]

For perspective…..I hold 1819048 based purely on my chart from May 2020.

I knew the 380 zone would sell back then (note no TT case). Why? From my experience, this was a huge supply level on 20 July 2018.

1) I looked at how violent the drop was (380 down to 195) in three trading days.

2) The level had not been touched in 3 years. 

Based on this, it would have been impossible to clear the 380 zone on the first attempt. 

If you look closely, you will notice how the market reaches a technical level and uses the news as catalyst.

 

My investment/trading is based on the repetitive sequence of Algos, no emotion attached.  I have spent more than 20 years looking at charts, from forex to stocks, been through the school of extremely hard knocks and traded through the GFC.

 

Joining this forum was merely to share my experience and Yes, I am still waiting for R9 by April 2022. 

9 bucks would be a sweet start but she has a lot more to run 

[KP7]

An alternative view if one is confident charts work on this share # Steinhoff

 

For perspective…..I hold 1819048 based purely on my chart from May 2020.

I knew the 380 zone would sell back then (note no TT case). Why? From my experience, this was a huge supply level on 20 July 2018.

1) I looked at how violent the drop was (380 down to 195) in three trading days.

2) The level had not been touched in 3 years. 

Based on this, it would have been impossible to clear the 380 zone on the first attempt. 

If you look closely, you will notice how the market reaches a technical level and uses the news as catalyst.

 

My investment/trading is based on the repetitive sequence of Algos, no emotion attached.  I have spent more than 20 years looking at charts, from forex to stocks, been through the school of extremely hard knocks and traded through the GFC.

 

Joining this forum was merely to share my experience and Yes, I am still waiting for R9 by April 2022. 

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•  DB823146-5578-4C4D-B0AC-FD857D6B9AA0.jpeg   129.15KB   10 downloads

[Scalptrader]

Buyers will be back at the TL.

 

An alternative view if one is confident charts work on this share # Steinhoff

Attached Files

•  sh2.JPG   158.51KB   11 downloads

[DeltaHedge]

She’s melting hard

[Squideye]

https://www.moneyweb...urniture-owner/

[DayTraderDad]

I believe the covid lockdowns in Europe is putting down pressure!

[KP7]

Buyers will be back at the TL.

Attached Files

•  9BDBA285-601A-488C-8CE6-20DCB861F63F.jpeg   81.59KB   14 downloads

[Junz]

We are heading sub R2 at this rate. Pity. I was so adamant that this share continue to rise, that I missed a few good buy&sell opportunities