709 replies to this topic

[Argento]

Just had a good look at the charts and ALSI has not breached her upper dailiy bb yet, so another scenario could be that the 15th next week earning's date could be the medium term high, so if the case we could drift lower this week but not by much and put in a lower low and then do a very impulsive final move (W5) up into next Wednesday, definitely seeing positive divi building for a move up coming...can count 4 waves now and on the US thus both need one more final flush before we rally back up. Irrespective I would hold my long position...

 

A

Got the lower low thus 5 waves done, imo should see a strong move up into next week Wednesday!So a good buy here on NPN!

 

A

[Snippit]

JSE, Naspers, NPN

In this analysis wave 3 is not yet complete and the RSI puts its foot down for [iv]

https://jsecharts.bl...pers-npn_7.html

 

 

non usurpat

Edited by Snippit, 07 May 2019 - 08:31 AM.

[Midas1]

Thanks input. This is cfd not equities...

[Argento]

Hope wasn't crazy call but held..Im down . 5% so if drops more tomorrow still manageable..but dow and s and p didn't look too bad....oh well leave it with trump

Just had a good look at the charts and ALSI has not breached her upper dailiy bb yet, so another scenario could be that the 15th next week earning's date could be the medium term high, so if the case we could drift lower this week but not by much and put in a lower low and then do a very impulsive final move (W5) up into next Wednesday, definitely seeing positive divi building for a move up coming...can count 4 waves now and on the US thus both need one more final flush before we rally back up. Irrespective I would hold my long position...

 

A

[Midas1]

going make a call by 5..thanks

Hope wasn't crazy call but held..Im down . 5% so if drops more tomorrow still manageable..but dow and s and p didn't look too bad....oh well leave it with trump

[Midas1]

35780 is the daily 21ema and currently bouncing against it, my take should not break it up and go lower tomorrow, US giving a oversold bounce that should be sold later!

 

A

going make a call by 5..thanks

[Argento]

this thing being little sht...any idea of high today and then ditch..

35780 is the daily 21ema and currently bouncing against it, my take should not break it up and go lower tomorrow, US giving a oversold bounce that should be sold later!

 

A

[Midas1]

Yes, bearish now going back to 3180 but a return move pointing to a bullish future thereafter!

 

A

this thing being little sht...any idea of high today and then ditch..

[Argento]

Don't you mean bearish if goes to 3180 ??? or did you mean 4180?? Thanks

Yes, bearish now going back to 3180 but a return move pointing to a bullish future thereafter!

 

A

[Midas1]

Don't you mean bearish if goes to 3180 ??? or did you mean 4180?? Thanks

or bullish after 3180...

[Midas1]

Looks like she could go and fetch 3180 latter May, that should be a return move and very bullish!

 

Still a very good stock for the long term!

 

A

Don't you mean bearish if goes to 3180 ??? or did you mean 4180?? Thanks

[Argento]

Thanks

Looks like she could go and fetch 3180 latter May, that should be a return move and very bullish!

 

Still a very good stock for the long term!

 

A

[Midas1]

Thanks

[Argento]

Hi Argento...npn still seems uptrending by all indications..im still holding however not sure to sell before or after results incase results not up scratch although doubt it...any further insight..im still hoping for over 3900..maybe bit ambitious..im well up allready ..thanks..asking you as seems be your baby..but any other opinions welcome...presume election day of no consequence to this one as most funds from elsewhere..even if rand dies strengthen temporarily after election

Hi Midas,

 

Hang Seng/TC and ALSI confirmed lower highs on friday thus kicking off a mini bear cycle that should run into around the 24th May, didnt expect it to start this fast with the Trump tantrum but seasonals is actually down now into when NPN release results (15th May), see NPN is also back below that strong support signalling the weakness ahead, so I wont buy in now, could get lower prices but should resume the uptrend in June/July after some base building imo..!Pity didnt take those profits last week but these impulsive news driven moves always unpredictable, key is to stay calm and focus on the longer term, just a healty breather this...especially if you look at the rally the US had so far!

 

A

[Midas1]

Old report but interesting..https://www.fool.com...ese-stocks.aspx

[Midas1]

Read similar style report..tommorrow will tell the reaction, thanks

[Snippit]

Trade Deal Dead: Trump Says 10% China Tariff Rising To 25% On Friday, Another $325BN In Goods To Be Taxed

 

https://www.zerohedg...-325bn-goods-be

 

"Just after noon on Sunday, President Trump tweeted that 10% tariffs paid by China on $200 billion in goods will rise to 25% on Friday, and that - contrary to what he himself and his chief economist, Larry Kudlow has said for months, talks on a trade deal have been going too slowly.

And, just to underscore his point, Trump also threatened to impose 25% tariffs on an additional $325 billion of Chinese goods “shortly.”

[Snippit]

As Naspers emerges from the mist Minor wave 3 sends a signal..

 

 https://jsecharts.bl...aspers-npn.html

 

[Midas1]

Hi Argento...npn still seems uptrending by all indications..im still holding however not sure to sell before or after results incase results not up scratch although doubt it...any further insight..im still hoping for over 3900..maybe bit ambitious..im well up allready ..thanks..asking you as seems be your baby..but any other opinions welcome...presume election day of no consequence to this one as most funds from elsewhere..even if rand dies strengthen temporarily after election

[Snippit]

JSE, NPN, Naspers

This hourly chart pattern analysis for JSE, Naspers finds that Intermediate wave (1) has just completed.  

https://wavecount.bl...pn-naspers.html

 

 

iudicium enim sine nubibus