When will EXX's run stop

[#1]

hi guys, anyone thinking about calling a short on this one? above bollinger indicating over bought, what do your'll think?

[#2]

I bought at 61.60 which has been my entry level and sold out at 73.50 on friday. just put a short order in at 77.19 as a speculative trade. will have a tight stop though just above 78 as this is a possible trigger level to go long.

[jack12]

mmmm I went short at 75. She is due for a 3 day pullback. due to the late surge I thing she will drop wed. Needs 2 bangs on the bol and should go to 70. We are jumping the gun a bit.

[#4]

O boy ! Next stop R 86.00 look at the weekly boy the squeeze is playing its self out, Might have a day or so pull back but i see this thing at 86 within 3 week IMO

[#5]

If we close the week above 75.00 that is

[jack12]

mmmm that is food for thought, IC 100 in 60days, but she must have a few corrections,overbought normaly a 1 to 3 day correction(historicaly 3 days and only once rode the bol for 8days) resistance level 78 next one at 100. once breaking 78 must confirm support at 78 at least twice(maybe 2 to 3 weeks) and then maybe 100. what you thinking?

[barry_1]

Coal is "in" at the moment,with winter and price increases,for my veiws under share discussion see my last couple of posts under SNU,CZA and PET.

[_Marco_]

is it time to get out this 1, or do u guys reckon i should hang in there and wait a bit, got them @ R63

[jack12]

seriuosly overbought, top of bol, correction started, will drop to support 72-73 for a few days IMO

[_Marco_]

jack do u think it would be a wise decision to get out of this now or do u reckon if i hold on i'll reap some good awards?

[jack12]

I am short, increased 10% today will wait for the open and take another 10%, me thinks a 3 day correction is in order, +-74 and then 72 IMO

[#12]

you shorted at 75 and added a nother 10% ? was that 10% Cover ? hope so ?

[jack12]

Increased portfolio by another 10%, normally I buy 60% on the signal, at 1st res add 20%, at 2nd another 20%, but if am convinced I add another 10% to a max of 20%. So in theory I by in batches, especially on shorts and tight stop losses 3 to 4%

[TheoPrinsloo]

Good call jack (or should i say short). Exx at 7210.

[jack12]

Thanks another day like this will make the tax man happy :)

[#16]

So when do we go long again.... This little gem has some upside but where is support at? Me thinks somewhere around 71?

[jack12]

I will wait for 70-68 1st sell off, go long at 67-65, market is screwed up at the moment everything is short!!

[#18]

except gold

[#19]

gold seems to be overbought, the stocks that is.. have a look at the bollinger on all gold stocks, i think shorts should also come into place on these for a very quick pull back before going up further, whats your'lls thoughts?

[Theater_Cat]

The weakening of the rand (imminent) will support gold shares.