709 replies to this topic

[Midas1]

Hi argento...can you tell me thursd or Friday...what you reckon base price approx...i may buy some on my equities to trade...want sell soonish ie months or weeks for profit but found npn too hairy on cfds...lost years...still haven't had the beer maybe later...or started smoking haha...but definitely helped the ageing process😑

[Snippit]

The low point on this chart for NPN sits at the 38.2% retrace of wave 3.  Is that a light at the end of this tunnel?

 

 

Break out, support, resistance, regroup

 

[Snippit]

Break out, support, resistance, regroup

 

[Midas1]

Thanks will see if nerves recover..may do but going in small this time 270 shares was mental for me..over the top

[Argento]

Still have impala but have set stop loss...went in way to heavy on npn....nerves shot..terrible..ill be much more cautious in future but thanks...

Should get a really good price around friday to buy in on Naspers for the ride back up!

 

Today and tomorrow bears going to smash it!

 

A

[Midas1]

Still have impala but have set stop loss...went in way to heavy on npn....nerves shot..terrible..ill be much more cautious in future but thanks...

[Argento]

Naspers wave 4 has completed a symmetrical pattern within a falling wedge along with S&P500 futures, Swiss SMI whilst ALSI and Top 40 are also with symmetry. Naspers is pressing the top boundary and all are with positive divergence making them more likely to break up from here IMO. 

That is the problem with using positive divergence..not always 100% reliable, need to get indicators that is!

 

Falling wedge breaking down with a 1000p down on ALSI within it!

 

A

[Argento]

Sold mine..very lucky on peak..nerves got better of me had 270 of them....whew

Well done sir, now the sell off!

 

Close your screen and enjoy a cold beer!

 

A

[Midas1]

Sold mine..very lucky on peak..nerves got better of me had 270 of them....whew

[JK001]

https://www.reuters....t-idUSKCN1SL0YZ

[Lionelza1]

Hi M,

No proof the trend has turned back up..should see a big move around 11:00!

A

There's that big move!

[Midas1]

Also was getting confused

[Midas1]

Hi Midas,

My bad, Tencent is reporting today and not NPN apologies.

Normally it create big swings on NPN and Alsi so watch this space, could be down or up..charts calling for down as Alsi is making lower lows!

A

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[Argento]

Hi Midas,

 

My bad, Tencent is reporting today and not NPN apologies.

 

Normally it create big swings on NPN and Alsi so watch this space, could be down or up..charts calling for down as Alsi is making lower lows!

 

A

[Argento]

Tencent up...you still think red day/ week npn ? Thanks

Hi M,

 

No proof the trend has turned back up..should see a big move around 11:00!

 

A

[Midas1]

Tencent up...you still think red day/ week npn ? Thanks

[Midas1]

Hey P...where you..you ok? Normally you call us all fools of day when take risks...😂

[Midas1]

I have but im up limit on npn...been big learning curve got in top heavy on it...so if buy in risky for me...thanks advise...

[Argento]

Maybe im a fool, but haven't optimistic about earnings and hoping goes up on fundamentals....you can say told you tomorrow if egg in my face..

Should turn up when they release earnings but only around 11:00 and given this setup should plunge into that timeframe!

 

Hope you have room when she dives to buy in when she turns and ride it backup!

 

Cheers

 

A

[Midas1]

Maybe im a fool, but haven't optimistic about earnings and hoping goes up on fundamentals....you can say told you tomorrow if egg in my face..