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TOPIC: Sab Miller - will it break or respect range

Sab Miller 11 Dec 2014 20:38 #1

Richb OFFLINE Fresh Boarder Posts: 87 Thank you received: 47 Karma: 2	Sabmiller maybe a good entry thoughts ? Hammer off support and 200 EMA slso very close to 61.8 Fib retracement, stochastic looking oversold ... Attachments: Sabmiller.jpg (39KB)
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Sab Miller - will it break or respect range 28 Mar 2014 09:39 #2

ronnie OFFLINE Administrator Always look on the bright side of life! Posts: 2218 Thank you received: 1554 Karma: 72	123 low breakout.. dl.dropboxusercontent.com/u/4899609/sab280314.png
	Information purposes only, Do your own research, All share trading carries risk, Ronnie www.chartsview.co.uk www.facebook.com/chartsview twitter.com/chartsview www.linkedin.com/company/2766233 chartsviewblog.tumblr.com The administrator has disabled public write access. The following user(s) said Thank You: cautious tone

Sab Miller - will it break or respect range 12 Jan 2014 22:42 #3

WaveSurfer OFFLINE Senior Poster Posts: 637 Thank you received: 1438 Karma: 42	Hi Wave Rider - looking from your chart (weekly) looks like ABC correction in play - current in wave C, looks like 4 waves so far with a 5th to come ? you say 300 point trading range ? if A (3682 - 2961) = C that target approx 2605, and that's roughly abt 300pips from where it is currently, should it break down. will try n post up a chart when poss n look in detail rgds WS.
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Sab Miller - will it break or respect range 12 Jan 2014 22:41 #4

diver993 OFFLINE Senior Poster everything is possible Posts: 699 Thank you received: 1138 Karma: 25	dl.dropboxusercontent.com/u/7238706/SABM...LSE%29%20%28-%29.png sorry, forgot to post the link
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Sab Miller - will it break or respect range 12 Jan 2014 22:34 #5

diver993
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everything is possible
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Waverider,
Obviously there are no guarantees this has bottomed out. The RSI is not over-sold. There is support around both the 61.8% extension of the current move from the high at 3300, at 2993, and also there is a gap at 2705, which is not a million miles from 123.60% extension from the same high. If you want to go long I would hesitate until either one of these goals is reached, or wait for a break of 3101 to be sure.
This is solely my opinion and may be totally wrong, but I wish you the best fortune in whatever tack you decide upon

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Sab Miller - will it break or respect range 12 Jan 2014 22:06 #6

waverider2 OFFLINE Junior Boarder Posts: 249 Thank you received: 198 Karma: 9	Watching this closely. It is trading in a range of about roughly 300 points if you look at the weekly charts and it seems to be at the bottom of that range... Any comments highly appreciated. Daily dl.dropboxusercontent.com/u/4385922/SAB%20miller.png Weekly dl.dropboxusercontent.com/u/4385922/SAB%20miller%20weekly.png
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