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Online Share Trading

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28-Aug-08

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sponono
Super Contributor
28-Aug-08
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11 REPLIES 11
prancing_horse
Super Contributor
Excuse the ignorance, but please expand on your statement
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sponono
Super Contributor
finds resistance at the cross between 200 and 50 SMAs
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prancing_horse
Super Contributor
Repeat on 25 July 2012, and I took a nimble (1000 cfds) at 16190 the day before. Good or bad omen? So far good as up 11%.
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sponono
Super Contributor
you're already out then. I would not buy it. the techicals on KIO look much better.
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kwagga
Super Contributor
Hope you've taken profit on that ?
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Not applicable
Sponono...the technicals on KIO look disasterous....lower highs lower lows....just dreadful! This thing could lose half its value!
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prancing_horse
Super Contributor
Not yet, looking at 18500. With current interest rate at 6.75% on exposure, I have found it pays to hold my CFDs for longer periods than in the past, especially shares that give decent yields.VOD & LEW are two that are now trading higher than when I bought just before going ex-div.
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Rams
Super Contributor
whatever the technicals, its just that, perception of past performance. So, a good trader will get out long before half its value is lost.By the way Sponono, you still in CLS?
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kwagga
Super Contributor
Might reach that 185 sooner rather than later, but maybe not without some sort of pullback to around the 177 level. omo
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sponono
Super Contributor
already in the money
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sponono
Super Contributor
EXX down, KIO up: target for reverse head and shoulders on KIO 600+(600-525)=675 or 25%. Stop loss 500. It may be achieved it may not be achieved
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