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SAPPI... OH NO...

Reply
Brazen
Super Contributor
You can do both.
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john_1
Super Contributor
you can baby..but its not for newbies.
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john_1
Super Contributor
you may notice that everybody who tried to buy the bounce has lost money...
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Not applicable
Just keep in mind this has dropped 50% in a month and half, where as before that plunged 60%. Another 30% drop would be nothing. Do not think this is cheap - do not buy yet! lol
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Not applicable
so should i wait for the bounce to sell, or should i sell now and save myself???????
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Not applicable
Some people were calling 13. Sapsbi is trading way over value at the moment. Some idiots want to pay 3 and 4 c. I see support around R16???
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Not applicable
Maybe buy 14-16 and look for a quick profit to 25? Thats what I see////imo
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Not applicable
WHATS IMO? and please explaine how to work out resistance... not too good with the charts?
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Vano
Regular Contributor
B, imo means "in my opinion". imo you were too hasty starting to trade leveraged instuments. At the very least, you need a basic knowledge of Technical analysis, and determining the support and resistance, is the very basis of T.A. This is well meant advice: Get out of your leveraged position A.S.A.P. Get more knowledge before entering again.
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