Afren

Target just hit, I sold at 108.3 but may jump back in if this shows signs of continuing towards 119

Hi F4T,
Hopefully upward momentum will continue over next couple of trading days, volume picking up. RSI 14 finally above 30 since large drop in SP on 30July. 123 low gives modest target of 108.35, but possible that may climb to gap resistance at 119.
Lots of rumor, buy out speculation and uncertainty around on the chat boards about this share atm surrounding some previous dodgy director dealings in Nigeria. I bought in at 96.8 but am continuing to hold.

ATB

I would have expected a stronger breakout Count, but it has moved positively.

123 low triggered passing 101.9 this morning, looking good so far at around 104, hopefully upward momentum will continue to target of 108.35, perhaps beyond. Keeping close watch now.

Possible 123 low forming on daily if makes it above 101.9 from here, assumes low of 95.45.
1= 101.9, 2=95.45, 3= target of 108.35


screencast.com/t/VXZiBsxnw

dl.dropboxusercontent.com/u/7238706/AFRENdaily.png

Updating previous posts, this now looks like it is approaching what Remo calls, the patient entry, between 131.10 > 127.00.