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Online Share Trading

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R 84

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That's where long-term Uptrend Line meets PRICE on NEWGOLD.The weekly candle shows a Gravestone Doji forming.Next week down ?The Friday CLOSE will confirm/deny.Point and Figure BUY signal hit at R91.50,in October.### that's a R7 downside for a CFD bet. (84 to 91 ).A normal pullback on the Point and Figure side sees a BUY entry at R87.99....So....is this the last pullback before we let rip ? The hot-money flows are massaging the Rand.Which can all change in an instant,of course.Anyway,from a Risk-management perspective...the GLD cfd looks a safe bet.Safer than the shares,anyway,as at.Horses for Courses and all that.
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