Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

standard-bank

Reply
Not applicable
is SBK going to recover from this position or is it going to reach R74, charting side ways view?
0 Kudos
4 REPLIES 4
jack12
Super Contributor
where is the 10, 20, 50, 200 MA. What does the books tell you about that? Where is the resistance line? Which way is the support line slanting(pointing)?
0 Kudos
striker
Super Contributor
jack 12 - just maybe some hard fundamentals might determine the price movement.You know,things like economic data,state of the economy, prospects ahead,P/e ratios,bad debt numbers etc.,etc.It might just turn out that these are far more important than squigly little line patterns,that some people trust and obey.(even though they were holding the chart,upside down !! )
0 Kudos
jack12
Super Contributor
Damn, now you tell me. I only do pictures!! Do yours also come with pictures??
0 Kudos
striker
Super Contributor
Tried the pictures,never worked.Pure hard ,cold fundamentals for me thank you.Try it, maybe it works for you.
0 Kudos