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where are the chartists?

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partridge
Super Contributor
C'mon guys tell me what you think - this is now @ "histerical" high(s) I would say - Olympia is a sideshow - there is no dramatic stuff coming through til 2012?
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3 REPLIES 3
asylum
Super Contributor
you cant be serious how should we analyze it when firstly its only been trading since may, secondly 95% of the price move occured on the day of the listing from R3.01 to a close of R14.35, all indicators are overbought which means absolutely nothing as there is no history, so your guess is as good as anyone else, as always only my humble opinion. that being said made a higher high so maybe more upside to come.
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HungryPunter
Regular Contributor
I would like to venture a prediction:- It will move.
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partridge
Super Contributor
And I would like to add - if there is no reason for the price then looking for a reason is not going to change the fact that there is no reason for the price.
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