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Point and Figure

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BUY signal at R252 today....First one since 2006 !!...Implication ? Any weakness now will present an opportunity to go Long.Demand is back...Stop-Losses etc. as per discretion.
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3 REPLIES 3
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For the Point and Figure fans. See $CRB vs $SPX Chart and Sasol(SSL) P&F Chart...thus R268 represents the real BUY-signal for me.R232 = P&F support-Buy ###.... aliencharts/4shared.com
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Pacman
Occasional Contributor
So what are you saying? Must we buy?
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Pacman: the answer is, who is the Force in charge as at ? As of yesterday,Demand.SOL becomes a pull-back( it can quite easily) buy at Support.Fibonacci retracements on the rally since the recent R214 bottom to current top = support areas.Point and Figure sees R232 and R220 as Supports.now use that as a perspective to aid buying decisions...also,Oil is on a BUY signal.The Rand is near the limit of its 'strong' range,pretty much..and so on.
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