First Rand FSR

[saint1]

going long on this!

[Oom_Boom]

Based on fundamental or tech analysis? If you are looking at tech analysis I would enter with caution, it is forming lower lows and starting a possible downward trend channel. I will only look at it if it breaks its resistance level and closes above 1995.

[gareth01]

agreed, wait for more of a pull back....around 1850 I would be accumulating aggresively (or going long).

[gareth01]

agreed, wait for more of a pull back....around 1850 I would be accumulating aggresively (or going long).

[Ninja]

no technical buy sugnals right now and jse could go either way. I would wait for a close above 20.00 to confirm the uptrend has resumed and that the jse is on the way up before its next major correction to the downside which should be a 10% correction......you dont want to be long when that happens. Wait for price to show you the way....right now it aint saying go long......

[#6]

There's a plausible support at R17 approx.Where Horizontal Support and the 61.8Fib line are close to each other.I shall send my sniper for recce-updates.As we wait.

[Rams]

Yep, sometimes the best position is not being in one. If going long, previous days high must be taken out and has not happened as yet.

[genie2b]

If support holds at 18.33 mark I'll accumelate...dropping below this mark and I'll be selling what I have....

[Spoegs]

Pure Tech analysis of FSR may not be the way to go at the moment. Share price being influenced by everyone and their dog speculating how much value is going to be unlocked in the final RMH/FSR unbundling.That said, being short FSR is probably not advised.