348 replies to this topic

[Polly]

Mr markets motto :

 

 

First the suck and then the spew....

 

see what happend IN US...all times high s&p and nasdaq on friday....sucked sucked sucked..... all with low volume     

 

 

and one tweet....booom boom..

[Polly]

So the general market trend for the past 6 months has been buy on news and then sell,most of that news has been in respect of the restructuring. Tomorrow we expect afs 2017 which should reflect extent of "fraud" ,would that buy/sell trend continue?

im expecting a horrible afs...Even f if positive , means niks going foward...too many others ends need to be tied...the uncertainties!!

 

and management cant be trusted remember...thats why hawks want there own forensic auditors..Basically telling pwc report not worth paper its written on...

 

Too much conflict on interest with PC , its management  its lawyers and PWC!!

[Lionelza1]

So the general market trend for the past 6 months has been buy on news and then sell,most of that news has been in respect of the restructuring. Tomorrow we expect afs 2017 which should reflect extent of "fraud" ,would that buy/sell trend continue?

[Lionelza1]

Should be upside today as per news tomorrow.... Thanks for ta

[Polly]

Latest daily chart of PS

 

a1.PNG

 

 

tech view

 

1. above serrated lilac line..still bulllish...This is main technical level on chart as of today R 1.92

2. stoch still ponting upwards

3. uptrend still intact

4. support on lower serrated black line as of today = R1.68....

5. Resistance on upper serrated black line = R 2.16

6. RSI still trending upwards

7. red and brown moving average crossover to bullish side

 

 

final opinion :

 

buy near 1.68 and sell near 2.16

 

if 1.68 breaks to downside short

if 2.16 breaks to upside long

Both at closing end of day price...IE only trade next day if breaks

 

PS green today in a puking red day??

 

maybe charts dont lie hay!!

[Polly]

Latest daily chart of PS

 

 a1.PNG   399.72KB   3 downloads

 

 

tech view

 

1. above serrated lilac line..still bulllish...This is main technical level on chart as of today R 1.92

2. stoch still ponting upwards

3. uptrend still intact

4. support on lower serrated black line as of today = R1.68....

5. Resistance on upper serrated black line = R 2.16

6. RSI still trending upwards

7. red and brown moving average crossover to bullish side

 

 

final opinion :

 

buy near 1.68 and sell near 2.16

 

if 1.68 breaks to downside short

if 2.16 breaks to upside long

Both at closing end of day price...IE only trade next day if breaks

 

 

[Lionelza1]

Apologies, got the date totally wrong!!! 7th May for afs 2017

[Lionelza1]

https://www.tradegat...in=NL0011375019

Live prices.... Thanks for the concern

[Midas1]

If you dont trade live youd have no option but to hold at 1645 🙄

[Lionelza1]

yea...9% up, contemplating that sell....will give it till 4:30pm

holding!  time for that whiskey! 

[Lionelza1]

well if not before 5pm means know what......

 

yea...9% up, contemplating that sell....will give it till 4:30pm

[Polly]

nothing yet   ....time to light some candles 

well if not before 5pm means know what......

[Lionelza1]

nothing yet   ....time to light some candles 

[Polly]

21 all....last minute try by crusaders...well done Sharkies!!

[Polly]

Cool thanks.... U mentioned some time ago about the 3 day rule? Is that the time it takes for "dust" to settle?

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yep....also when squeeze is over too both short or long!!

[Lionelza1]

dpnt worry about the ta now....afs which is fundementals more impt..

from ta point of view follow the crowd once afs released...ie break of +-1.7 downwards get out of long....break of +-2.3 to upside add to longs...

if +-R1.70 holds hang in there...

Cool thanks.... U mentioned some time ago about the 3 day rule? Is that the time it takes for "dust" to settle?

Sent from my BLA-L29 using Sharenet Sharechat mobile app

[Polly]

Any1 else out there that has the time to share tech analysis?

Snippy where u at?

dpnt worry about the ta now....afs which is fundementals more impt..

 

from ta point of view follow the crowd once afs released...ie break of +-1.7 downwards get out of long....break of +-2.3 to upside  add to longs...

 

if +-R1.70 holds hang in there...

[Lionelza1]

Any1 else out there that has the time to share tech analysis?

Snippy where u at?

Edited by Lionelza1, 03 May 2019 - 10:08 AM.

[Polly]

And u probably a sharks supporter lol... Good luck for ur team

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thanks man...

[Lionelza1]

tomorrow if God wills

watching sharks playing crusaders live now...

And u probably a sharks supporter lol... Good luck for ur team

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