youcan'tstopusnow wrote:qw, using T.A. does it mean Total will explode in the near future? Cause its been at 29-32 for AGES and fundamentals si mbaya.
sorry for poaching your querry..considering i ain't qw..
..probability of Total "exploding in near future" is minimal.. fundamentals are good ..but had been better on a per share basis before the preference shares..Highest price the stock has hit within
last 3 year is about 35Bob..
Other factors affect the price rather than fundamentals..volumes traded, shareholder profile..few retail traders here..plus one of the few counters whose price cycle is largely based on dividend..its been an income stock for most people i Know..thus less susceptible to trader whims.
...i think.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version