Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

ADI

Reply
Highlighted
Regular Contributor

Nice Pullback, So tempting!!........ I may want to accumulate more. I think market over-reacted with recent results. In my opinion I think these guys will do great in the longer term.

0 Kudos
Reply
5 REPLIES 5
Highlighted
Contributor

ADI.JPG

 

From a purely tehcnical standpoint I would be a little hesitant to purchase more right now, even with the long kangaroo tail from today in a previous price congestion zone.

 

If it has as much upside potential as you believe, and you are making a long term play, it might not hurt to wait for more confirmation before accumulating more. 

 

Thats my 2 cents for what its worth :) Good luck

0 Kudos
Reply
Highlighted
Occasional Contributor
No disrespect meant to your well illustrated post, StuS, I only saw it after
Reply
Highlighted
Regular Contributor
Thank you
Reply
Highlighted
Occasional Contributor

Was hoping for more convincing reversal, but volume reasonably good, so I'm in on a small long. I see the sens published at 5 pm refers to corporate activity. Anyone know? Is this the trigger for the next leg higher?

0 Kudos
Reply
Highlighted
Occasional Contributor

Yes, should see by end of day whether we have proper reversal off R12

0 Kudos
Reply