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Online Share Trading

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High Volume

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jack12
Super Contributor
Wow check the volume on TKG! mmm change of direction?? Bot of Bollies, rising stoch and RSI and massive volumes
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11 REPLIES 11
Not applicable
Well I mentioned it last week...been buying up everything I can afford. This one is gonna go nicely to 43 soon...
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and I am using my conservative approach so you decide where you want out?....
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looking at volumes You have to wonder, is this share going to tank or do the "insiders" have a clue that this is going to 50 very soon (or is that 20?)......
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babz
Contributor
Personally i don't think this is a good share to have in the short to medium term. Their prices is way to high compared to world prices and not forgetting the new competitor already making some "noise" in the market place. They have been ripping the south african public for far too long and getting away with it.
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sponono
Super Contributor
CPS: How has TKG treated you up to now.
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Not applicable
Not bad, still collecting my pay out stubs. i like adding in when the price drops, like today is a really nice day to get extra at great prices.
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Russ
Super Contributor
Might bounce a bit off support at 37.50 but look at its chart.It's a falling knife.
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saash
Super Contributor
Pay out stubs?
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LIe a lotto ticket or horse race ticket. Those little papers you give someone when they give you cash back.... ie shares
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Maybe, but look back at that chart. Numerous times it has hugged the bottom of BOL for about 30days (1 month) and shot up after that. Started hugging BOL on 3 Nov and we almost a month long so repeat pattern developing and Vol slowing and other TA saying it might break up again. How far I cant say but the market does repeat its self often...... Risky YES, reward ratio, Maybe..... just some thoughts.
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Not applicable
Telkom liable for a hefty 7bn fine, ouch
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