believe it or not WHL is once again a buy after a pullback to the 8 day ema...gfi is a no brainer above 130...even now its pretty safe....as predicted HAR is a write off for now...drd had pulled back to the 21 day ema and a bounce off this on volume could be a nice trade....what happened to all the hype round the banks and Investec?....I would watch very carefully for the pullback to the 21 say ema on this index and a possible further breakdown...( using the Roffey buy divergence indicator for this as a aid on this one)
adw has done exceptionally well.i think it has a strong future and is not affected much by the turmoill.stockpicker rates it as his most favourite share.im hanging on for the long haul ,and maabe buyin some more .
they bought 3 new companies that r doing exceptionally well.they are trying and are doing a good job of over 100% increase in headline earnings a year.stockpicker reckons they should be 7.5 in a short space of time.i cant remember exactly as i already deleted it.i bought at a rand and sold at 2.6 and rebaught at 2.9 and now in for the long haul.they are doing so great in this market that when interest rates come down i think they will fly
I sold yesterday. Eyes pop out my head every time I open ADW graph. Wondering if there will ever be a re-trace. Can they really sustain this momentum. I started trading it at 180. Very happy there is more liquidity now, was slim pickings at the outset.
I took some profit....as I had reached my first target....remember I am buying geared products (6X) so a 10% rise is at least 50 return....WHL has retraced to this profit taking level and I can now add to my position should the right levels be reached....