Chartist I've got some warrants on Sasol. I'm confused how to draw lines on Sasol. Is it a wedge or is Sasol moving sideways? Where is the top R250? We miss you chartist!!! I try following R10-R100 on other web pages - struggling to do that Come back!!! Please
oh my gawd - the martyrdom and self-imposed exile is killing me. It's clear chartits still reads the forum, he just doesn't know how to re-enter it after flouncing out of here in a huff. Fanboys - stop fawning over the pearls cast your way. Do your own analysis. SOL was a screaming buy on the high-volume reversal day on 20 March. The chart had everything - MACD histogram divergence, the completion of an island reversal the next day, a turn on long term support, oscillators turning up, fundamental confirmation, long-term support holding etc etc etc. Did you really need an email from the exile to tell you to buy SOL?
I concur Tango, and it's nice to see some sanity creeping in here. Even I got in at R215 on my own analysis (gasp!) and took some profits today without as much as a nod in his majesty's direction. Isn't it nice to know we can think for ourselves . . .
Mr Gold - I'm the one who is confused - how did you end up with options to buy or sell SOL at some specific price in the future when you don't really have an opinion on which way SOL is going or a method of arriving at that opinion? Many people get burned trying to trade warrants as a substitute for/cheaper way of trading shares. You you really need to nail the basics before you take on additional risk. Ask Simon - he will freely tell you how many times he blew out his account before he got it right. And full respect to him for sticking with it until he found a system that works for him. If your system is based on waiting for tips, I suggest you find another system...