TFC 7.42% $1.31 tfs corporation limited

Putting money where my mouth is, page-4

  1. 496 Posts.
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    Hi Ambi , I think you'll get your wish

    The shorter's don't play on such volatile days as the US markets have displayed since last Friday, to much risk. I personally don't think they have finished with TFC yet and are waiting for the international markets to settle down before making their plays. The share price is under the 100EMA but only by 10c, history suggests that they don't stop there. Usually 20-25 under the 100EMA is their target. When they play is the issue. I think it will be within 5-6 trading days unless the US markets continue the wild swings. They'll work it over a few days and may throw in a plunge day to finish the play off.

    Its relatively easy to tell when their playing, they are a number of signs:
    Lots of volatile swings on small volume trades both up & down but mainly downward followed by significant volume sales to clear out buyers and a number of entry price levelsl, and finally volume is usually way up by mid late morning ( they are working the stock to trigger stop loss sales at large volumes for them to gobble up). This pattern can repeat itself a few times through the day.

    Volumes when they play in excess of 1.5M.

    As I said I think you'll get your wish. So will I if it gets down to the mid or lower 1.30s range.

    cheers
 
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