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Community


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Online Share Trading

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MTX

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suki
Super Contributor
any idea where this share is going. be it short term to long term.
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8 REPLIES 8
Russ
Super Contributor
It is still in a symmetrical triangle.I would just keep holding as long as the support holds (about 410 at the moment and rising slightly each day). I don't think anyone can tell you which way the breakout will go.
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GarethJ
Regular Contributor
Guess this largely depends on global economic recovery. If it keeps recovering this should do very well, but anything is possible at the moment
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Russ
Super Contributor
And the breakout is downwards.You can almost smell panic when you watch a share drop like this.
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kwagga
Super Contributor
Yip, that's why I don't buy if the risk is too big. Rather wait for the breakout before buying or selling. HAR on the other hand is so close to breakout at 73 that I can almost smell 80.omo
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Not applicable
Bought yesterday at R4.09. What should I do? Wait for a recovery or take my losses and run?
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SimonPB
Valued Contributor
Mo, never buy a share without first deciding on an exit strategy ..
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Maddog
Regular Contributor
Yep otherwise you new name just might be Mo Money left
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Quakedog
Super Contributor
Thought you had some MO Balls!! Come on man you bought yesterday, give it a chance, wait till Fri, hehe.
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