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Online Share Trading

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what can we buy amongst the turmoil?

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Not applicable
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)
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13 REPLIES 13
Not applicable
Using Roffey's "buy divergence indicator" as a signal to sell - LOL - nice one!
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prof
Regular Contributor
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 .
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Rohitht
Contributor
On what does stockpicer rate ADW as a good buy? Are you waiting for a correction to happen anytime or you think its going to continue it upward trend a little while longer
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prof
Regular Contributor
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
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saash
Super Contributor
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.
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Not applicable
do not be fooled by WHL and HAR intraday movements....
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Not applicable
short squeeze in progress...
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grandmaster
Frequent Contributor
Chartist,you sold WHL @ 19.10,and it rose heavily after that.What was your reasoning for selling so early on the run?
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Not applicable
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....
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grandmaster
Frequent Contributor
Thanks.May I ask which instruments you're using?
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kobus
Occasional Contributor
Chartist, how do you tell if buying in a share is shorts closing their position or new longs being established? Are you buying WHL at these levels?
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grandmaster
Frequent Contributor
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prof
Regular Contributor
check out my recomendation yesterday.adw up another 16 cents today and looks like its got a long way to go
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