standardbank....?

[#1]

i see SBK is taking a HIT today... next level is R76,00 any1 know how low it can go...

[platsak]

Next resistance on R82 (my exit). I wont throw the bank at this one either way.

[saash]

You mean support? I'm looking at taking a long on this one, but wanting to make a little off the short side for the short term. WILL it actually retrace, I'm wondering.

[platsak]

Saash. Sorry I meant support. I decided not to be a Cowboy and closed my shorts on OML and SBK. Dont want to take a position over the weekend. At least I made a few bucks (30%)on OML. I will look at shorting SBK again on crossover of the ema.

[WES]

Bull market ? Come on, the ultimate users of service and products are individuals. How can it be a bull market if retrenchments are still the order of the day ? Think fundementals not technical.

[#6]

How come this share is rallying while absa is not?? the "better than expected results of jp morgan"??thats american media..same will happen tommorow for citigroup and BAC,the banks will "outperform"...that begs the question,who come theres a sudden profit?? if only we all could be bailed out and allowed to set our own "fairvalue" of our assets..wouldnt we too value our assets 10 fold its worth??

[#7]

why? i thought if was going to fall by now... just looks like it will stay overbought...

[divz]

Patience bluechip! can stay overbought for a while but all indications are that there will be a pull back

[#9]

Thanks... sum1 plz tell me why can't cancel my stop loss...?????

[divz]

there you go bluechip sbk come back

[#11]

THX, so the indication is for buying... or is this going to go down down down...