Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Something's up

Reply
richardw
Super Contributor
The other banks aren't moving like Stranded, which is now back to October prices. Another one of those binary situations where either it's a breakout or it's going to fall back once the games have stopped. I'm doing nicely with FSR long-term hold and thinking maybe I should hedge it with a short on SBK. Earnings predictions continue to drop, it's on the higher part of its 2009 predicted range...hmm.
0 Kudos
5 REPLIES 5
richardw
Super Contributor
Although certainly not going to try catch this falling-up knife!
0 Kudos
divz
Super Contributor
somethings doesnt feel right here ftse and dow futures pretty flat and actually low volumes pushin sbk i threw all my rules out the window and went short at 9185 with a tight stop in case it rambles on
0 Kudos
Russ
Super Contributor
Next resistances are 92.05 and 14.50.I don't hold these but I'm happy to see signs of life again.
0 Kudos
richardw
Super Contributor
Not a bad call
0 Kudos
Shaun_Siddall
Super Contributor
A large Brit bank upgraded to buy today?
0 Kudos