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Roboticfx ,Shark,NC Pls give ur valuable ideas for Reef N share

5 posters

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sachee


Senior Equity Analytic
Senior Equity Analytic


Dear Friends

I Have 5,600 Reef N share under 24.52 average price(Bought on 2011 to till),How about Reef N current Situation? is it exceed my average price or any down trend? pls share yours valuable ideas.previous time i got some valuable comment from NC regarding REEF, But still i hold my previous stock

Regards
Sachee

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Price may rise upto 22-23 on upcoming 2-3 days and then there will be a correction at around 17.70 -18 . If it will not be much effective, next correction will be at around 17.10.

After correction price will be 20.50 .
SHARK, what's the result of your analysis?

hmm...that's all what I can tell you currently. If I get some time, I will inspect its financials.

sachee


Senior Equity Analytic
Senior Equity Analytic

Roboticfx,How you calculate these figures is it got from graph i have no any idea about how do you all calculate the figures

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

they are got through graphs. Seach Technical Analysis and you will find many simple lessons how perform it.

NC

NC
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Hey Sachee, as you can see on chart 1st target 21 is hit. Pullback can be expected, around 17-18 as said by, Robo. (around lower line of pitchfork)
After, the pullback it can be hit 25, target 2 (There'll be a nice harmonic pattern too). But, prob is lacking of fundamentals I think. Otherwise, you can hold this without any matter.
So there're some options that you can do.
- Close half a lot @ around 21, on risk management perspective.
- If it pullback 18 you can average. ( You should do it carefully)
Or you can close at current price and accept lose,
My target is 25, but I cannot guarantee, if it reach there close all positions.Decision is up to you.
- GL
Roboticfx ,Shark,NC Pls give ur valuable ideas for Reef N share Reef10

shan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

REEF.W huge selling presure

NC

NC
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I did pivot cal. for reef.n those are the Probable targets for Reef, on next week
can be hit, 23-23.5
or can stay above 20
Support: 17
we can see what happened at the end of next week...

NC

NC
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Hey Roboticfx, nice logo bro !! Smile Smile

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Thanks NC! Very Happy

Market Sucker

Market Sucker
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@ROBOT- son, how is your studies? Done with ALs?, Now you in University? I remember you left the forum to do exams. Smile

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