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Online Share Trading

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ACL

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hs
Regular Contributor
Any views on ACL. Will it continue its upward momentum.
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9 REPLIES 9
Not applicable
Tech's say up to 12500...OMO
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barry_1
Super Contributor
i don't trust steel at the moment,technical reasons possible for them move.On the ground there are huge areas of already manufactred steel lying at most foundries without buyers.
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hs
Regular Contributor
The fact that it dropped to R96(below R97 resistance) today on high volumes - is this meaning it will drop further or is the indicators bullish for this share. Anybody please,
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Quakedog
Super Contributor
Recession means no growth, so no steel required!!, just buy more on the downs!!!
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Not applicable
HS you were the one that said that ACL is headed straight for 200..lol..is someone changing their tune??I lost about 25grand on this baby lastweek..Covered up 5grand on the dip wednesday morning,Ill be sure to follow it down tommorow:)
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Not applicable
did you go in short or long
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hs
Regular Contributor
I am in the money. Have not lost anything yet. Be patient.
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platsak
Super Contributor
See they expect a 20-40% drop in the fixed steel price this year with falling volumes. Doesnt sound to good to me.
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Not applicable
for those that understand look out for the shavenhead
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