FSR

[sponono]

a 5% move gives a 100% return. halfway there

[Preston]

Sponono,FSR, nicely positoned

[sponono]

Willian%R and stochastic very nice. Support remain at 28.60 http://tinypic.com/view.php?pic=ioiz34&s=6

[Preston]

Thanks, Will check out link.

[md49]

Sponono - 5% move represents a 100% return? Is FSR CFD or SSF derivative gearing at 20times?

[sponono]

CFDs with a 5% initial margin

[Preston]

RAMS, i see my short on APN is holding up well barring any news that company won the AID Drug tender. Your comments.

[Pepi]

Sponono - where do you get a 5% margin from and does that apply to most other stocks as well?

[Rams]

its trading between 2 moving averages...if closes above 157.33 , then will be long..the trend on APN is still up, just sideways for now...the break has always been to the upside.

[sponono]

igmarkets and it applies to most TOP40 stocks

[Pepi]

thanks Spo

[Rams]

Where is your stop?

[Preston]

Exited yesterday

[Rams]

Well done....can do about anything as long as there is an exit plan

[sponono]

Friday's move was quite scary luckily stop loss (moved to entry point) not triggered. falling wedge (on 1 hour chart) still in place, plan to add some more at a close above R30 otherwise exit at entry point

[Preston]

Sponono, I am getting tired of this share. The market punished this share for no apparent reason on Friday. I guess "skaap" is correct cos Friday moves erased Thursday gain , and the net movement is around 0.5%.

[sponono]

maybe he was but I learned not to hurry a stock, will sit and if I'm wrong my loss wold be 0.4% plus overnight interest on my CFDs of about R200 per day.

[sponono]

Mm yes

[Preston]

Little share is on fire...time to lock in profit..

[sponono]

up 5% already on my entry price of R28,80, that's a 100% return on initial margin. my target is R34 with a stop loss of R28.80.