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You Gotaa Love This share....................................

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1169
Frequent Contributor
Damn you lucky i called it to early in at R255.00, let hope it drops now
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1169
Frequent Contributor
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Electrox
Super Contributor
in at 270 here to go short. we are testing highs here and bid have been greater tha offers the whole day. wonder where are the profit takers? high of R274.75 today
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IMP has been at a high of 27250. It has broken this today. Should it close above this comfortably. I am pretty sure we are gonna see more upside!!!
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org
Super Contributor
Just look at your technical indicators, it clearly shows we are overbought and should turn down very shortly, yes I also shorted too early yesterday.
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There is nothing telling to short this 1. plat price high , rand seeing it @SS, weekly chart all in tact no reason to go short !
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1169
Frequent Contributor
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SimonPB
Valued Contributor
it's less about right or wrong. We all look at a chart and see different things, this is how come we have markets that move. BUT the real issue is the exit strategy. taking profits and when to throw in the towel and accept defeat. These need to be clearly spelt out up front and OBEYED when hit.
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Southpaw
Contributor
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org
Super Contributor
Look close at the charts, there are negative divergences, the price is making new highs, but the oscillators are not confirming, also looks like a steep rising wedge developing,exx also start looking like a nice shorting opportunity, maybe tomoro, then also kio, abit later once it reaches its top.I havent lost a cent so far this year...
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ORG. Looks like u r on the ball boet.
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ORG, I hope you right coz I have already lost more than a few cents this year!! i see the rising wedge. the last few times IMP has made a new high it has continued down quite a way.
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SimonPB
Valued Contributor
rising wedge is one of the most useless charting patterns around.
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Ega
Super Contributor
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Not applicable
wouldn't have a clue!! whats your take on IMP Simon?
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JohnnyCash
Super Contributor
Tis is just too good! Im sorry but I think B may have found her match when it comes to chirps! Only diff is she knows it's chirps.....
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