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Online Share Trading

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time to sell or is this in for a magical run to .....

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kicc
Frequent Contributor
This share has had a tremendous run - almost doubled in share price in a 12 month period - the question now is whether it will continue the excellent run or is it time to take profits?
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5 REPLIES 5
Rams
Super Contributor
depends...trade or investing...trade or investing the entry was around R30....
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royandroy
Contributor
I've bought and sold on the way up a few times and am currently 12% up on the last trade. It depends on your trading strategy. Take a bakkie load of cash or hope for a truckload?
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Russ
Super Contributor
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royandroy
Contributor
Yep - 13.5% up ... just looked at the technicals; so far so good OBV, macd, rsi, stoch, boll. bands, all not showing any negative stress so I'm holding until I notice negative change going to a more than 2-3% in which case I'll take profits and wait for the next opportunity. Long term - until everyone becomes disease-free it's a good bet.
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royandroy
Contributor
OK .. last post; Old Mutual Balanced Fund bought R86m worth since Dec 2011.
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