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Online Share Trading

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Round Number resistance.....

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Not applicable
at R100.Maybe an SSF-Short at underlying R99 with a Stop-Loss at R104 ? MACD negative divergence.BB overbought.Stochastics steep and now indicating overbought.Thoughts welcome.
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8 REPLIES 8
Not applicable
50 day MA now 24 % above 200 MA.
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YNWA
Super Contributor
Amigo's watchout for the results frenzy....due later this week
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SimonPB
Valued Contributor
isn't that a massive stop on a geared product?
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Werner_1
Super Contributor
Simon, what size stops do you normally use, i use a 2% on my SSF positions, i think the others erode my capital too fast, but then sometimes it stops me out before the run is over...
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Not applicable
SimonPB : Point taken.It's those Tail-ups I'm concerned about.Suppose I'll back off ; wait-and-see.Was on a renewed Demand BUY signal on Friday.Also gave its first SELL signal in 2007 since the bottom in 2006. One of those Short-me Short-me-nots.Tempting, though.
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SimonPB
Valued Contributor
I use 20% on the warrant/wave which equals around 3.5%-4.5% on the underlying for stocks and about 2% on the underlying index when trading an index.
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Sid
New Contributor
results out thursday, believe if it goes through 100, will run 110
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cfm
Super Contributor
After being up 2% at some stage, MTN is now almost back to the close of Friday. Shooting star forming?
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