Naspers

[#1]

To simon and the general public : Do you think the Naspers market has runs its juice for the short term and will correct down? , since last wednesday it ran 5 consecutive days of closing highs and not to mention breaking its high to 25065

[striker]

Agree - sold my holdings ,banked my gains,waiting for the dip.

[#3]

I went long at 23100. Will exit on a solid close below 22200, for now, NPN is still setting higher lows - so it is still in a bull trend, from my POV

[#4]

Not a short signal on simons lazy system (not even close) and the trend is upwards. just trade the price! There is a 100% chance of a correction could be tomorrow or next month, remember when it happens your entry/exit strategy/triggers should take care of it .. my opinion

[#5]

thank guys, i actually shorted it at 23600, but we are just non entities for the market and it then rocketed to the levels we see now, so i am praying that this correction comes soon !

[KJR]

Indicators point to more upside before correction. No sell signal as yet on my charts

[#7]

what software package are you using ? we dont know it seems to be slowing down, i may wrong but it may close below yesterdays close

[Ninja]

NPN showing neg divergance on RSI, Stoch and MACD with falling volume. This is a strong warning of downside to come in the near future. Wait for the reversal day and then short. Beware however as this is a bull run and any correction will be short lived before the bull run takes off again. If you are looking for a Short ABSA is also lining up nicely, as are the JSE and the DOW. These will all be short term pull backs....more upside to come.