Impala now testing 18200

[skoorb]

Will it crack 182000 today. One will need to look at the after close trades - if any. Next week??

[Werner_1]

as i look now (13:21) IMP broke that level, now it is at 18250... Is this a important resistance level, can we expect a major uptrend to commence?

[Werner_1]

just fell to 18200 now...

[skoorb]

Moenie paniek Werner. Kyk wat gebeur volgende week. Kyk ook no my poste en sien wanner ek eers oor IMP Impala gepos het

[Werner_1]

thanks skoorb, will do, i also expect it to do well until we hit the next resistance line...

[skoorb]

2:54:06 PM 18350 5,000 recent IMP trade. I wouldn't be surprised if it flirted with 18500 in after hours trading today. Check the PSG Online sight for this later this evening. You don't need to be a subscriber to do this.

[Werner_1]

what is after hours trading? please can you explain?

[#8]

Late trading or "after-hours" trading involves placing orders after the close of the stock market , but still getting that day's earlier price, rather than the next day's closing price. In the United States this practice is illegal under Securities and Exchange Commission rules but many mutual fund managers appear to have allowed exceptions for certain hedge funds and other favored investors who were able to obtain that day's price, notwithstanding that their orders were received after-hours. From Wikipedia, the free encyclopedia

[skoorb]

Thanks UP. Check out the after close trades IMPLATS Volume Bids Offers Volume 1,000 18200 18330 12,282 4,177 18180 18400 2,000 60 18170 18450 1,099 Trades 5:08:02 PM 17890 200 5:08:02 PM 18220 39,129 5:07:00 PM 17950 60,000 5:07:00 PM 17783 6,000 5:07:00 PM 17750 4,394 5:07:00 PM 18144 6,259 5:07:00 PM 18110 1,596 5:08:00 PM 17586 153,200 5:00:21 PM 18300 154,462 4:49:31 PM 18330 3,000 Today's statistics Last 18300 Difference 700 Yest. close 17600 % Move 3.98 Low 17600 Deals 1,336 High 18475 Volume 3,329,869 Value 603,667,765 Shares listed 555,054,680 Market cap R101,575,006,440

[Werner_1]

thanks guys. i never knew that is done. one always learns.

[skoorb]

Sorry about the last posting it was laid out in neat columns and as you see from the above it did not stay that. Yo! Werner. I think you'd call 18475 flirting with 18500. I am still looking for a significant move in Impala next week.

[Werner_1]

do you think we can make it up to 18,800 in the near term? When i look fast at the chart i see a trend line at around that level (i mean the upper one), or do you think i am seeing things?

[Werner_1]

what does these mean, i see the after-hours trading is less than the close of the day, is this a good or bad sign?

[skoorb]

I'm not to sure but I wouldn't be surprised. Something's in the air as far as Impala is concerned. And at this stage let me just state that I am not employed by Impala - or any other company for that matter. I am self-employed and the trading I do is my hobby - up from 180K to 256K since the end of Nov 06. But then who isn't in this market?

[Werner_1]

yes, lately Impala has been going well. i placed a stop on my position, but still think we will see upside.

[Werner_1]

you say you are self employed, what do you do? just curious...

[skoorb]

Hi Werner I run a workshop: 'Finance for Non-Financial Managers' - I have run hundreds for groups from companies. I also do one-on-one financial coaching. And I also offer Executive Coaching And a limited amount of consulting

[Werner_1]

what would be a good stoploss (in your opinion) to apply to IMP at the moment? don't want to be stopped out too early, just want to here your opinion as i have applied one but would like to see what others would do?