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Online Share Trading

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Some input?

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232926
Frequent Contributor
What's the forums view on MRF now at 175? Some big volume and value traded yesterday (6 25 Sep 2008 17:16 2,000,000 173 R3,460,000 ) I'm in at 200, any tech analysis pointing to a direction? Any inout appreciated
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venice
Super Contributor
MRF has good support at 160 going back to feb this year. My opinion is that you have ridden the share down to these levels which is near the support level you may as well endure a little more pain and hope for a bounce, BUT if the share closes below 160 I would be inclined to sell it as more downside is likely.
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232926
Frequent Contributor
thanks venice
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