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Online Share Trading

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Need some help on Steinhoff

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XDDOW
Occasional Contributor
Need the help of all the technical guru's on this one. Looks to me like it is sitting right at support and might make a good entry for a long. Your views will be appreciated
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4 REPLIES 4
sponono
Super Contributor
Head and shoulders complete. My money is on more weakness.
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Not applicable
if you are investing, it is a great share, if you are trading, I went long at 1630, but when the share was unable to join the rally 2 weeks ago, despite its huge volume, i took the view that htis share is relatively weak compared to the market. Since it has jut joined the top40, I wonder if there wasn't any price manipulation of sort, to prevent the ETF's from having to take massive positions at overinflated prices, because of volume spikes?
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SIMBA
Super Contributor
This share was looking to bolster its lagging Europeon income by opening a R.S.A. outlet , i predicted some weeks ago it would be o.k.outlets it appears it might well be Shopright...Checkers.. Still a well managed forward thinking team, buy as a long term money spinner.
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manicks
Regular Contributor
I would be wary to short this share
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