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Point and Figure Update...

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Not applicable
AMS a buy at R605.Anglo at R310.SBK at R90.Indexes...BANKS can still see downside to a range of 36001 to 36500.Neckline support at 36169.TOPI downside target at 25904>>based on Price Objective from broken Support on Head and Shoulders.Which rhymes with its 73-wk Average and the 61.8 Fib on the Weekly.So...the Financials are the next RED momentum-zone, whilst the Commodities don't have too far to go....just watch old early-bird AMS.She loves that taildown and then we CFD it like its 1999.
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4 REPLIES 4
Not applicable
Update: SBK P&F neckline at R87-R88...more accurate BUY.
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sponono
Super Contributor
buy low sell high might be buy low sell lower. much rather buy high and sell higher. AMS buy at R800 and sell at R1140, AGL buy at R400 and sell at R500, SBK buy at R120 and sell at R200. If the target entry prices do not trigger, do nothing. Howzit?
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DR_1
Super Contributor
yeah, but buying at 600 and selling at 1140 sounds better, agl buying at 300 and selling at 500 also better. If you confident its going up, then hold on, in the longer term this current dips are noise
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koos2
Super Contributor
Beware of cheerleaders bearing gifts.
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