nedbank bull flag at play a breakout from here nedbank might move aggressive to the upside
Metrofile trading in a range a possible strong move to the upside
JSE:CLS has been trading in a sideways consolidation zone since early May. With the price action on the 16th of Aug we finally broke out of the sideways move. If it continues up, I think we could be looking at a nice long position.
Looking for a recovery to the previous failure. Created new lows under July-Nov 2021. We have gained on the 19th-20th on the smaller timeframe and now retesting as we speak. We should impulse up to the previous failure if all goes well.
Liking MTN here for a long, broke through the resistance and came back to retest. Hopefully market turmoil doesn't get in the way. What do you think about this setup?
All three of our momentum indicators have crossed downwards on JSE:ANH . Our target level is 787, but failing that, I'm sure we will get to the previous lows at around the 805 level.
With today's price action we have been triggered short on JSE:BTI . If this momentum continues and it breaks through the 665 level, we could see it reaching our target at around the 600 level.
We have entered a long position on JSE:WHL based off of the turning of the stochastic and MACD as well as the crossing of the 3 and 15 EMAs. The target for this trade is the 63.50 level which coincides with the highs from September 2021.
We have entered a long position on JSE:REM based off of the turning of the stochastic and MACD as well as the crossing of the 3 and 15 EMAs. The target for this trade is the 154 level which coincides with the highs from March 2022.
We have entered a long position on JSE:CPI based off of the turning of the stochastic and MACD as well as the crossing of the 3 and 15 EMAs. The target for this trade is the 230 level.
a possible breakout of the box range on motus motors a strong move possible
An upward trendline ahs been broken on JSE:NPN as well as the stochastic and MACD both turning downwards. This could mean that we could be seeing a downward move if it breaks lower. Be cautious, though, as the markets have been extremely volatile lately.
A bullish engulfing has formed on JSE:NED . This could mean a reversal to the upside.
Its like that it can fall to 2 bucks a share, after it broke 6.92 resistance all odds are downside to complete the pattern.
JSE:GRT is showing signs of an upward move. If it breaks higher than 1330, I'll enter a long position.
The Stochastic, MACD and the 3 and 15EMA's have all crossed downwards on JSE:BTI which are all good indications of a possible short position. If it breaks lower than the opening of this morning, I will enter short.
A very large engulfing candle has formed on JSE:NPH . It has engulfed at least the last 6 candles which makes it a stronger signal. So I think we can expect an upward move from here.