Cookie Policy

Welcome, Guest
Username: Password: Remember me

TOPIC: AFR

AFR 29 Dec 2013 10:51 #1

  • WaveSurfer
  • WaveSurfer's Avatar
  • OFFLINE
  • Senior Poster
  • Posts: 637
  • Thank you received: 1438
  • Karma: 42
Afren has busted out of 156/7 horizontal and DT resistance area and successfully back tested this area, that breakout alone suggests further upside to eventual new highs, however, it needs to break n hold abv 172 1st, although approaching resistance maybe worth watching 161 & 157 to buy on any weakness should AFR pullback from current levels, a breakdown of this then potential long term uptrend may come into play for a good buying opp.

Afren long term trend is up.

Afren_Weekly.JPG


dl.dropboxusercontent.com/u/40497882/Afren_Weekly.JPG

all imho.

WS
The administrator has disabled public write access.
The following user(s) said Thank You: remo, deadcatb0unce, annes goal, CT79, Jackozy

AFR 28 Dec 2013 14:59 #2

  • deadcatb0unce
  • deadcatb0unce's Avatar
  • OFFLINE
  • Fresh Boarder
  • Posts: 36
  • Thank you received: 37
  • Karma: 2


Approaching its highs, worth a short maybe?
The administrator has disabled public write access.

AFR 17 Sep 2013 07:20 #3

  • diver993
  • diver993's Avatar
  • OFFLINE
  • Senior Poster
  • everything is possible
  • Posts: 699
  • Thank you received: 1138
  • Karma: 25

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

This should be worth a long to 152 IMO; stop 140. DYOR
The administrator has disabled public write access.
The following user(s) said Thank You: annes goal

AFR 23 Aug 2013 11:01 #4

  • Food4Thought
  • Food4Thought's Avatar
  • OFFLINE
  • Senior Poster
  • Posts: 521
  • Thank you received: 1019
  • Karma: 24
Nice fall after results on this one, but further to go IMO.

uk.advfn.com/p.php?pid=chartscreenshotsh...tHP+ItvGT4MV0EBkbjU=

Lot's going on with the chart. Short term pseudo triple top with neckline broken today, bearish divergence on both MACD and RSI, initial support found at MA200 for a possible suckers bounce.

Chart is extremely bearish IMO. Next likely support is 133 being 50% retrace of 119.4 move and horizontal support from the high of 18/6.

Below that is an open gap between 122.9 and 127.6, I don't think that this is a breakaway gap so it will want to fill.

In summary, expect this to fall further with pauses at 133, 127.6 and ripe for a good entry in 123/4 area.
The administrator has disabled public write access.
The following user(s) said Thank You: ronnie, roxalana, annes goal, Tejassi
Moderators: remo

Time to create page: 0.063 seconds