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Online Share Trading

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HAR

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Russ
Super Contributor
Worth a nibble at 6700?
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17 REPLIES 17
sponono
Super Contributor
the technicals say it's just the beginning of more pain. Not even in my watch list. PAN looks better to me.
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sponono
Super Contributor
the technicals say it's just the beginning of more pain. Not even in my watch list. PAN looks better to me.
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Rams
Super Contributor
sideways
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Russ
Super Contributor
Well,for the record I'm in!
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sponono
Super Contributor
Ok technical analysis 101: 1) the 200 SMA is facing down (this means the trend is down), 2) the RSI has just completed a sell continuation divergence (RSI made a higher high while the share price made a lower high) this means sell 3) the momentum has a reading of less than 1 which means sell 4) On January 3 the share price found resistance at a falling 200 day SMA which means sell. 5) There is no buy divergence in sight Conclusion: if you are long you better pray the R64 (4% lower) holds otherwise the next support level is at R55 (18% lower) (10 September 2008).
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HungryPunter
Regular Contributor
I am about to take profit on my short position. Might consider going short again once support is broken. I am not seeing any reason to take a long position on this one as yet, but who knows price and volume could change and then I will change my view, but for now I am a bear on this one.
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Russ
Super Contributor
Txs for the input.
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Russ
Super Contributor
Chickened out and sold at 6750.Will be watching the 15 year support line (around 6400) for possible re-entry.Should be very oversold by then if it gets there.
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md49
Contributor
Dont Chicken out! I went long at 67.50. I need some company! hahaa
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Russ
Super Contributor
So I sold to you.Good luck with my shares lol
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kwagga
Super Contributor
This is a short, not a long.
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HungryPunter
Regular Contributor
Ah so it is you guys that is lifting it today!! Which is why I am still into my short as I still need it to reach my target level.
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kwagga
Super Contributor
I expect this to test 12 month lows soon. omo
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HungryPunter
Regular Contributor
And I am out.
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Rams
Super Contributor
15 years...are you trading long term?
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Russ
Super Contributor
Agree pan looks good.Broken out of a little symmetrical triangle.
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Russ
Super Contributor
Looking even better now.
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