channel breakout

[#1]

Implats has broken out of its rectangular pattern, and IMO this is quite a high probability trade. It received a rerating yesterday, and platinum is still on the up. AMS still looking like the stronger of the two, but I recon IMP could catch up now

[Alibaba]

That and maybe the glimmer of hope from Zim's first positive budget speech in many years. I've been sitting for a while on this one. Any near term target price?

[barry_1]

I buy this share every year usually in instalments and warrants,but just not now as i expect AMS to fly at this time as it is coming up to its final which can now be expected to be much higher than we thought a few month ago.Of course Anglo is likely to re-finance it ,but the platinum price is making such a remarkable recovery,that they are not even likely to falter.Yes IMP will move up but i feel AMS will move faster so i am concentrating all my platinum main interests there .OMO

[#4]

with you on this one Barry - my sentiments exactly.

[Jughead]

Goldman gave it a R210. Is there a chanch of this happening?

[#6]

If one looks back at Standard bank - GOOD BUY signals, IMP close above 177 was a good buy, I am going long but not sure if it will go above 200. IMP has been lagging for a while now..lets wait and see

[#7]

well it is really holding up well at the moment, looking pretty strong, despite pullbacks on the JSE - to me that is usually a good sign