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Online Share Trading

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Rise?

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Not applicable
Hi, I'm new at trading and been trying to analyse IMP. Why has this share made 2 consecutive rises of above 5% in 2 days? Can't find any data to support it?
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8 REPLIES 8
Not applicable
im trading for nearly 3 years and cant find a reason myself, anyone can explain, think this is worth a short?
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richardw
Super Contributor
My opinion is that the plats move around because of anything - moon phase, Obama's haircut, whatever. They regularly rush down, then up. Sometimes there's logic, but don't assume it.
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Not applicable
but the metal is down and the rand is quite strong at R8-28
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jack12
Super Contributor
$ZAR will help, but to early to short, 1st TOB trending up, accending tri, I would wait for +breakout 184, 186 for a long to 195, 200.
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gamma_spike
Frequent Contributor
think I have an idea for some of the strength.... RMB proposed a switch to IMP from AMS based on reduced downside and equal upside.They also pumped SAB for a day or two.
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Theater_Cat
Super Contributor
White Oke, how many books have you studied as a new trader?
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Not applicable
hope u never go by ur method jack.. there was money to be made here, and i made.
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jack12
Super Contributor
As we said before, plat is volitile and trading has a high disregard for $+plat price+ZAR, rather be sure and make pennys, than chance and loose pounds (not that I am very fat) :)
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