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Online Share Trading

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Buy Sell

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Not applicable
Morning All So what the view for monday, Buy or Sell?
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12 REPLIES 12
Copper
Regular Contributor
if yr talking about MUR then hopefully a tad more downside before buying. OMO
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asylum
Super Contributor
Ok Mit this is the way i see it, the share price has retraced to the 61.8% fib could still go down slightly to support at arround R 91.60 if it breaks that support could move down some more, a shooting star formed on the 14 th of Nov with confirmation on the 15th off a lower close, now a doji candel has formed and will need to wait until the close tommorow to confirm direction. A close of below R 93.00 could see some more downside and a close above R95.00 could revive it. OMO.
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analyst
Frequent Contributor
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asylum
Super Contributor
Great theory there Analist.
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Not applicable
Asylum.... Looks like you were right about the 91.60. Time to buy, or wait abit longer? I have put in for 91.11, but not sure if being greedy?
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asylum
Super Contributor
Hi Mit yeah it is at support levels at the moment will wait and see where it closes tonight. I suppose a fair entry price at this level if you dont want to wait for the close tonight. omo
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Copper
Regular Contributor
im in at 9110. A risk though.Lets see what happens.
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Not applicable
HOPING TO GET IN AT R88
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Copper
Regular Contributor
Wont happen today LN. But it would be a very deep shakeout.
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Not applicable
Asylum, waited abit longer got at 9001? Good buy at this price? What's the views out there on where this thing could go?
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asylum
Super Contributor
It could still come down a bit more has slightly gone past the last support and could come down to between 82.60 & 86.00. omo
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Copper
Regular Contributor
Yes asylum. Hate to say so since i bought, but probable further downside into upper 80's. In retrospect should have waited. Lets wait and see. Should be fun.
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