angloplats

[Surf_Rat]

Looks like the bears are setting this one up for a trap

[#2]

Hey SR, explain your logic ?

[#3]

the chart is looking bad, i say short, and cover at R475, first support R480, second support R465

[jack12]

looks like a bowl of spagetti, am long from 460 set stop at 480, cant decide if is market correction, but me things will reverse to short after opening

[Surf_Rat]

you have a big bear flag with small volume now trading side ways and could not break the low on may 7 chances are good for a pull back but could be wrong no 100% here

[jack12]

Yesterdays candle signifies your big bear thoughts, you have convinced me of a trend reversal today. will be shorting TA for your observations

[barry_1]

and i'm doing the opposite and going long!(on warrants of course!)

[#8]

IMO : - A trend reversal will be followed by change in trend of the EUR/USD. I think this will be the determining factor.

[#9]

why is this share so defiant, implats was down 5% yesterday afternoon but this was up or unch, and today anglos and bil are sliding but this is still holding

[Surf_Rat]

The bears Like you to suffer so made a a bit today on anglo similar graph but really thought it would hold out longer than Amplats amplats strenght I thought was weaker than anglo but look at the volume of amplats 35 000 shares ( price will drift up until the volume comes back ) papa bear must first finish his porrage before they go out to play looking at lonmin results and the decline here I am sure plats is going to find it tought when results are announced

[barry_1]

Their interim results are out and they are very poor....Unlike Amplats they don't have a holding company,so have to turn to an unfriendly market to try to rescue themselves.I could never understand their run up till the interim in the first place.They mine the poorest platinum areas.They would have been better off amalgamating with Impala,a deal which was blocked by the European competition several years ago.

[barry_1]

i.e. i'm talking of LONMIN of course.

[gamma_spike]

look at the volume characteristics on previous down dips. This one is well odd....

[#14]

do i close my short at a small loss or wait for further downside

[#15]

where are the sellers or bears

[gamma_spike]

I wanna short it.... but I will stick to the topi

[Surf_Rat]

whats the rush take emotion out of this one when did you short if you have cash in your margin account no worries I am not the day trader swing trader so count one candle at a time

[richardw]

Shorts locked and loaded, stress tests and other rubbish out of the way, I'm now just waiting.