I'm long since yesterday. HAR turned sharply on support, with a spike in volume. Indicates to me that a lot of buyers entered the market and that the support line is strong. Makes it look like a high probability trade. But I can't guarantee I'll still be in at the end of the week. Could be another day, could be a month - depends where the trade goes.
Hi Georgem. I'm also holding HAR, and not pleased with it's performance today (or mine - I pulled the trigger on my trade a day early.. too clever once again). My stop is just below the close today (on support again - hoping it will hold). If HAR looks to close in the red tomorrow I'm out. You should avoid adding to losing positions - on average, it doesn't seem to work. Keeping and adding to winning trades is a good idea.
Thx for the advice Tango. As usual u were right. I pulled the plug on my warrants early this morning and theyre still falling.I went short on TOPATP.In my opinion, theres stil quite a fall to come. What do u think?
The JSE what a Fcuk up same goes for harmony!!! wheres the harmony in harmony? i didnt invest so much but im gonne ride it out i just dont understand why she keeps falling, i think major shareholders are [email protected] in their pants about now, watch it turn around and soar to new hights in the near future