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IMP UP!!!!

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Not applicable
Like i said IMP will be up. 1300 points today. If a share breaks above its high 80% of the time it will make new HIGHS!!!
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12 REPLIES 12
Super Contributor
so please tell me where do we find the next resistence level where people gonna take profits?
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Super Contributor
million $ question my logic tells me ok these shares have run hard and some profit taking is in order but as you know its difficult to shake off the bull in full flight so profit taking will probably happen at some rediculous level, ( rediculous level if your short, not high enough if your long)lol
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Frequent Contributor
nice one asylum. markets can remain illogical for a pretty long time.
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Not applicable
negative divergence on the MACD [12,26,9] though and above the upper bollinger band, possibly a bearish signal. Perhaps it will make new highs for a few more days and then turn down but at which level i don't know
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I havnt worked out the high as yet, but i am sure Profit taking should start anytime soon. I've Banked my profits already. I dont want to take anymore risk's on IMP. I am happy with what i got!!!
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Regular Contributor
Well a short at R278 is a good idea...
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Not applicable
Hold on with shorts for now. Its still got some steam left in it!!!
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Not applicable
resistance 28000
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Whoa IMP broke past 28000. Still more upside!!! IMP is still the BOSS!!!
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Frequent Contributor
What goes up must come down , it better or else i'm f#C$ed the first time i decide to go short on this one and goes more and more up
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Not applicable
1169 hold on b4 u short. Todays not the day!!!
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Super Contributor
At the moment i consider AMS better value,even with all its troubles as a lower PE and its coming up for its final declaration around 14 FEB.IMP becoming rather expensive,still with Zimbabwe troubles although the present Interim dividend should hardly be affected.
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