npn

[#1]

This is up more than R28 in just 3 days don't you think it overbought cause that what my stochastic is telling me. What do you guys think

[john_1]

buy winners, sell losers.. and leave the rest alone!

[#3]

what goes up must go down

[coops]

except Capitec!

[SimonPB]

Njabulo .. yes.no.maybe .. I certainly wouldn't risk money on that theory ..

[#6]

Don't get me wrong all I'm saying is that it is overbought they are more buyers soon they will be more sellers profit taking

[AJT]

Njabulo, i used that logic when NPN was at R200 and i am still sitting on the sidelines......win some, lose some...

[john_1]

stocks move up...they do this because companies make excesive profits...markets look forward and therefore move in leaps and bounds as they move to discount the furure prodpects for growth... it does not happen in a linea fashion...so do youeself a favour and throw away those stupid indicators and trade the price.

[sponono]

from now on my plan is to buy only on historical highs and a sensible relative strength index. what the RSI or any other indicator is doing is irrelevant.

[TOPIX]

I smell FEAR. FEAR of leaving money on the table !

[SimonPB]

yip sponono .. vewry much agree with that statement, especially rsi/indicators/oscillators ..

[asylum]

yep indicators are useless, they all lag, price action and straight line is all you need to be profitable.

[#13]

I for one am kicking myself for having taken profit on NPN at 31000.

[Lee_1]

I stopped reading this forum some time ago as I thought it was mostly aggressive egos, and not much sense. What a welcome change. Maybe the collapse did a clean out. I'm a poor investor, but I recently bought Naspers & Zeder at relative highs as I liked them, and it seemed that they would never show the discount I was hoping for. They have gone from strength to strength since. I will sell Zeder though as I am disgusted by the fees PSG takes. However I will wait until the investor appetite starts to wane a bit first. It doesn't all make sense.

[#15]

I bought Naspers at 27626 and they are still climbing, what do I look for to indicate they are will be coming down?

[Rams]

Look up?