709 replies to this topic

[JK001]

Also in. Will be interesting to see the next few days.

[nosh]

I'm taking prosus...yes pulled back last few days..but guess patience required

Me too. Thanks

[Midas1]

Rand strong

[Midas1]

I'm taking prosus...yes pulled back last few days..but guess patience required

[nosh]

I really thought that naspers would have run a bit more (in light of PROSUS deal) in the past two days. I take it then that the deal is factored in , or makes no material difference to shareholders?  Or is the tax implication putting people off?

Out of interest, are you guys taking the PROSUS deal?

 

Thanks in advance

 

 

[Midas1]

No I didn't go short , went long have equities to hold and cfds to hopeful make a quick profit on if drops below my stop will ditch the cfds

[Snippit]

Here's hoping..I bought some npn cfds as well today

 

Wow, you went short? really ! Thats quite smart actually, there was that hourly candle engulfing bearish this afternoon.

[Midas1]

Here's hoping..I bought some npn cfds as well today

[Argento]

Morning, great stuff...thanks

Something to remember, normally when Monday is a red day rest of the week is green...

 

A

[Midas1]

Morning, great stuff...thanks

[Argento]

Hi A, so what's your forecast for npn this week..interesting week ahead..

Morning M,

 

Alsi sitting on a big IHS so should continue its bullish run this week together with NPN!

 

Got ECB on Thursday so could see some profit taking but only after that, but week after bullish too!

 

A

Edited by Argento, 09 September 2019 - 08:58 AM.

[Midas1]

Hi A, so what's your forecast for npn this week..interesting week ahead..

[Argento]

Just read article saying to 4800...that would be great

Very possible, long term I am very bullish!!Long sideways movements on markets breaking out up....

A

[Midas1]

Just read article saying to 4800...that would be great

[Snippit]

JSE, Naspers, NPN

 

Nothing to see here, move along.

 

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

 

 

capite et humeris impingebatis

capite et humeris impingebatis

capite et humeris impingebatis

odiosis

[Midas1]

I'm in on npn....albeit late...but was freeing up bit funds..

[Argento]

Ye, problem is now you wait for a pullback but while do she simply runs higher, tomorrow is NFP so see a green run again, this meeting with China in October is going to fuel markets up and eliminates any shock tariff hikes for now!

The underlying cycles run its course and uses news to drive it!

A

This can be classified as a false Head and Shoulders pattern, seasonals simply do not fit with the pattern thus very bullish in nature due to traders getting caught on the wrong side, once they scramble to get out the orders pushes her higher, can still get choppy but bias very bullish into futures close-out around the 20th!

A

Attached Files

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[Argento]

Thanks. Am thinking of getting more, its a question of when

Ye, problem is now you wait for a pullback but while do she simply runs higher, tomorrow is NFP so see a green run again, this meeting with China in October is going to fuel markets up and eliminates any shock tariff hikes for now!

The underlying cycles run its course and uses news to drive it!

A

[nosh]

Eventually the US and China will reach an agreement and believe the markets are starting to price it in, we are currently in an up cycle into end of October so imo could see the previous highs at 3750 but the sideways pattern break up got lots of more upside well over 4000, we should get another leg down near end of the year into next but should confirm a higher high than the low in August, if you are a long term investor and got in near the low 3000 just hold it!

The US is sitting on a huge monthly IHS so this secular bull market is just going to continue!

A

Thanks. Am thinking of getting more, its a question of when

[Argento]

Eventually the US and China will reach an agreement and believe the markets are starting to price it in, we are currently in an up cycle into end of October so imo could see the previous highs at 3750 but the sideways pattern break up got lots of more upside well over 4000, we should get another leg down near end of the year into next but should confirm a higher high than the low in August, if you are a long term investor and got in near the low 3000 just hold it!

The US is sitting on a huge monthly IHS so this secular bull market is just going to continue!

A

TOP40 should target 55k fut into end of the year, also in an up cycle now!

A