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Online Share Trading

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Exarro-Tom168

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platsak
Super Contributor
Tom. You called this one. Share is retracing to R135. Whats youre take now on the share now as to entry levels.
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16 REPLIES 16
Tom168
Frequent Contributor
well i'm in at 13550 today..but buy range between 133 to 136...huge support at 13400... fib retracement 61.8 on 133 to 134 level... good luck!!!
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Not applicable
thanks for all your advise on this one Tom. Been great help. BACKED your advise at 160 and took profits and then went short!!!! closed out short at 137 and went long again at 136. Hope support holds.
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yer a brave man. The numbers told me to do that but I didn't believe it . . .
Lets see if it holds or bounces off 133. If not, next support is around 122
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Tom168
Frequent Contributor
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ANDY26
Contributor
I just bought 25 contracts .
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platsak
Super Contributor
Im itching to do so as well. Get in now or wait for confirmation of trend. If I may use this as a general Q & A in technical analysis. Whats the most reliable indicators for trend confirmation? Stoastic/Rsi/Macd with volume?
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I got in yesterday afternoon, Thanks
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LogicNvest
Contributor
I am in. What do you guys see as the target?
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Not applicable
i'm in 35 contracts.
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m9o
Contributor
Tom168.. This one has stayed above its 50day moving average, refusing to break down.. should we wait for a double bottom or can this price just spike up from R134?
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Electrox
Super Contributor
The 50EMA seems more relevant on this share since it has bounced off this MA a good couple of times.. Tomorrow or the next should give us an indication of where we going. IMHO
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Tom168
Frequent Contributor
if it breaks the 130 level then we all must go out!!!!
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m9o
Contributor
intra day movement is not an indication, only closing prices are.. Its sitting on the lower band of Bollinger Bands, does this have any significance?
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venice
Super Contributor
Exarro support is 133 to 134 (see 14/03, 23/04 and 16/05) as it is now trading below this level and has breached its new upward trend support line without creating an oversold rsi, is all bearish. I am not saying it is impossible to get a bounce it is just getting less and less likely at this point and I would wait for confirmation of a bounce prior to getting back in. Maybe Tito could be the catalist lets hope but for now I'm bearish.
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Tom168
Frequent Contributor
If it closes below 130 then i'm out!!! all depends at tito!!!
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Not applicable
Ha. Got in at 13200. Just a little nibble though . .
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