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Online Share Trading

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SBK hitting low

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qwest
Frequent Contributor
whats the chances of SBK hitting R64.5 ?????
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5 REPLIES 5
dookie
Regular Contributor
I've got no crystal ball but, if SBK is in a H&S formation (me thinks yes, and if this H&S formation pans out as they not infrequently do(me thinks it may well), then yes - I think it's heading there - albeit maybe not directly from where it is today. In the fullness of time - I expect it to approach R30! :-0
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qwest
Frequent Contributor
whaooo!!your (glas balletjie) is more powerful than mine
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dookie
Regular Contributor
Hmmm.. dunno about that. Maybe it's just an eager beaver. But it says what it says...
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Not applicable
if you are right then they(we) have big problems.according to the big boys the banks shares should fall a further 30%. Lets hope they are wrong.
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dookie
Regular Contributor
I'm busy chewing my wrists off.... After the little rant above, guess who closed a short position yesterday... and missed the potential 30% to be made in addition, this morning. Oh, well - I'll just console myself with the miserable thought that nobody ever went broke taking a profit. :-)
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