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Super Contributor
Kwagga/Rams, i see that Anglo has breached resistance at around 264, what does the charts say, where to from here ?
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46 REPLIES 46
Super Contributor
must stay above 258 and trade above 280, to signal a possible trend reversal. Stop loss at 258. How is your trade on IMP, are you still in?
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Super Contributor
Ever considered writing a book?
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Super Contributor
It's been range bound between 238 and 273 for the last six months.It seems to be heading lower in the short term. I'd buy this above 274, with a stop loss below 264.
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Super Contributor
I like the look of IMP.I bought some on Monday.A bit overbought but the chart looks good.
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Super Contributor
Thanks guys, much appreciated. Got out of impala, should have stayed in a while longer looks like 179 is in sight.
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Super Contributor
always keep the last third for the big move at break-even, or trailing stop loss
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Super Contributor
is that your ending quote for your book?
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Super Contributor
Price above 274 where to from now
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Regular Contributor
Back to where it should be before the fall so that I can recover my losses...
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Super Contributor
and where is that D.R ?
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Super Contributor
276.50....no trade yet, if already in, stop is at 258
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Super Contributor
Thanks Rams, your knowledge is invaluable. If above 276.50 what is the top end target.
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Super Contributor
if closes above 280,then first target is 300, second target is 320, and last target is trend reversal based on whatever technical system you used for trend reversal on entry...which could be around 350. remember stop is at 258, and move to break-even when profit taken on first target
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Super Contributor
3c but green!
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Super Contributor
Are u in Rams at 276.50 ? If yes will you hold till 350 is reached ?
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Super Contributor
give your brain to me
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Super Contributor
not in, poor chart setup
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Highlighted
Super Contributor
Signs of old age Mr Walker.
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Super Contributor
can somebody give the kid another smack?
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