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Online Share Trading

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BILSBB

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quatro
Occasional Contributor
Fellow traders please tell me that you are aware of the movement in this warrant, it made a two day call rally betwwen the 12 to 14sep of 49.2% and its price jumped from 39c to 76c in those two days,or am i seeing things? not to mention the share price is now hovering the about the R3000.00 mark as now it stands at R292
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4 REPLIES 4
Dr_Phopho
Contributor
BIL has been on the up and up for a while. But I think the time has come for some profit taking, so a flag should develop in the next few days.
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quatro
Occasional Contributor
i have reason to believe that as it is making this sideways movements over these passed two days
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saash
Super Contributor
What do you think of the reverse head and shoulders on the underlying? Do you think it might re-test 258-50 making for a great entry for a fantastic long .... or is it better to just take a chance and get in now while it is forming this "Flag"/sideways movement that you guys are talking about?
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saash
Super Contributor
And I will disclose that I currently hold a short targeting scenario (1).
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