I think a short squeeze is coming soon Spartan Energy Acquisition Corp Cl A (SPAQ) 8.96 -0.19 (-2.08%) 10/29/20 8.92 x 4 8.94 x 5 POST-MARKET 8.92 -0.04 (-0.45%) 18:27 ET Expiration: 2020-11-20 (m) 22 Days to expiration on 2020-11-20 buy call option strike 10$ and 12$ d.radikal.ru c.radikal.ru b.radikal.ru
JSE:FSR has broken out of a symmetrical triangle pattern and seems to be moving in an upward direction. If it confirms above the highs of early October, I will consider entering long.
A close below R36.80 would trigger the short idea with a stop loss above R38. 1st target R35.30 and full target at R34. There could be a potential retest of the trendline so worth keeping an eye on that.
FNB still going up slowly, market conditions not great, but will hope for a bit of gains here. Disclaimer: The views provided herein do not constitute financial advice. Please feel free to comment, critique or add to my view, I welcome feedback, whether it agrees with my views or not. This idea is based on my strategy, please consider your own before using it in...
Volume is high indicating effort but price has been making higher highs (without response). There has been high volume between R35 and R40. Negative divergence on the volume RSI also points to the effort without response. I am looking for a test of R55 to R60.
Zooming in on the 1hr chart - we notice that since FirstRand bottomed on the 24th of March, we have formed a trading channel with 3 successive higher lows. This level just above R36 also coincides with a bit of a bullish channel flag which is forming within the larger channel in play. Corporate action would probably explain much of the recent weakness but a nice...
First Rand Limited with the downgrade form moodys banks are gonna take a hit as south africa gets taken out of the FTSE World bond index
Fist Rand Limited buy opportunity on the key level waiting for confirmation
The Moody's call messed me around on FSR, but the MACD, MA, RSI and STOCH's are showing a potential downward move in FSR.
Firstrand is starting to look tired here having reversed off the first big resistance level (R69-R70) as well as trend line connecting the stocks all-time high from MAR 18. My biggest concern is that the rally from the lows in August has taken place on declining volume which doesn't give me a great deal of confidence in this rally. Secondly we are starting to see...
Hoping the upward channel is broken for a move lower in FSR, supported by turning MACD.
Since bottoming out in early 2018, preference shares on the JSE have been one of the best performing asset classes in our market. Always good trading practice to identify the strongest sectors in the market, and look for buying opportunities towards areas where there is a high probability of the trade working out. Looking at FSRP, I have identified that the 200...
JSE:FSR is struggling to break through a descending resistance line and if it confirms, it could mean a downward continuation.
FSR is at quite a significant support level and as things stand, it could bounce off the support level and continue upwards or break through and head downwards. Either way, we should still wait for a confirmation candle before jumping in.
JSE:FSR broke through a descending resistance and could possibly be ready for a long position. Once it closes and confirms above the breakout candle, you can consider a long.
Firstrand has traded in a range between R60.00 and R70.00 for almost a year now. Only on a few occasions has it broken out of this sideways channel and, even then, only for a short while. But, if you look at the MACD, you would notice a bullish divergence has formed. As FSR 's share price kept retracing to R60.00, the MACD continued to make higher lows. This...
FirstRand Limited is a South African financial services provider which provides services through a portfolio of leading franchises including Rand Merchant Bank (RMB), First National Bank (FNB), Wesbank and Ashburton Investments. With FirstRand shares listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange, the group is one of the largest...