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Online Share Trading

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Any one interested in AGL

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Not applicable
Is anyone tempted at buying at these levels? Technicals are looking good, seems oversold the last 2-3 weeks. Stochastic, RSI, MACD all looking like a short term buy perhaps using the daily charts.
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3 REPLIES 3
Big_Bucks
Super Contributor
YES,YES,YES, but I don't buy the share just the warrant( SB AGL CL), picked up a stack yesterday and did a intraday trade. Picked a a bundle now at the close and will sell tomorrow when it goes up. Highly geared and each 1c rise = R5k ,I take a 500 000 tranche at a time. Works for me.....love this game
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Asher
Regular Contributor
So you spend about 50k a trade? How much of that do you risk? Here is my thoughts: AGL made a lower high and a lower low and will probably meet up with it;s 200 sma soon.
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Not applicable
Ja could well happen Asher. Im hoping we have a rally though up to the R300 mark before we test the 200 day SMA. There is major support at the R265. Either way tight stops are the way 2 trade at the moment.
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