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apn

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Russ
Super Contributor
Anyone have views on apn,sab,or ipl? To me they are all in buying zones.
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9 REPLIES 9
Russ
Super Contributor
sorry about the scl.
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saash
Super Contributor
I would watch the other two, but leave Ipl alone at this stage.
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Russ
Super Contributor
Not too concerned with intraday moves,but will watch ipl closely.I hold all three now.
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Russ
Super Contributor
Think you are right about ipl. Neckline of H and S has broken.
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Russ
Super Contributor
I shorted ipl from 184.50 a couple of days ago.Since then it has been up to test the neckline a couple of times.Neckline has held,but my nerves are a bit worn.
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saash
Super Contributor
Your short should be comming in nicely now. I was looking at the 1-yr support trendline which had broken and did not manage to return to the trend on Tuesday, so the short should run now.
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saash
Super Contributor
On SAB I was looking at the little flag, thinking there might be potential break to the upside. I see that trade has also come in but should meet some resistance soon. 385-390.
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saash
Super Contributor
If apn comes back down to 136 it might be a nice buy for a conservative stop and upside to a potential new high.
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sponono
Super Contributor
my 20% rule tells me support is at R174 (218*.8)
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