Logaro1

Logaro1 Updated 

The share price is expected to build a solid base slightly above this level (R 3000.00) to confirm a bullish trend ahead… The bullish view is furthermore re-affirmed by the recent consolidation slightly below the R 3000.00 handle after testing lows at R 2400.00 in mid October 2018.... sellers shaking the tree a bit. Medium target in sight R 3600.00 (20.00%)...

Logaro1 Updated 

Been building a good base at 45500... Thought we would take out this 47k level with ease.... Subsequent to this bullish move over the past few day's we note end -users sellers of ALSI 48k covered calls to Mar'19 in decent size.... trading at 20v... So market going to be long gamma at this level... 47k also getting slammed over the past few days trading as low as...

Logaro1

Mr Price Rising Wedge formation– set to break to the upside Strong support at R 240.00 (consolidations) …position for a brief pullback towards this level will support a long position for a break above R 260.00- Target of R 280.00 / 285.00

Logaro1

Firstrand has building a solid base around the R 60.00 /R 62.00 levels over the medium term. I'm of the view we may see a short term pull back towards the R 62.00 /R 64.00 levels just as a final test to shake the tree...followed by a rally beyond the R 76.00 levels. Patient money should keep a close eye on this one!