JSE:GRT is showing some great downward momentum and is ready for a short position.
A morning star pattern has formed on JSE:NPH over the last few days. If triggered, this could mean a move to the upsode.
A large bullish engulfing candle has formed on JSE:IMP . This is a bottom reversal signal and I think we could see a nice upward move from here.
JSE:VOD is showing signs for a downward move. I will enter short at the 153 level.
As with JSE:NPN , JSE:PRX is also showing signs for a long position as per our momentum strategy.
All three of our momentum indicators are signaling a long position on JSE:NPN . So if it continues up today, we will enter the trade.
Transaction Capital broke out of the bull flag a strong move to the upside is at play
GFI is showing a potential down move based off of our momentum strategy. Although it happened a few days ago, the stochastic, MACD and the cross of the two EMAs are all triggers for a short position.
A Bearish Engulfing candle pattern has formed on ABG with yesterday's price move. We can consider a short position if the price continues downwards from here.
transaction capital is my fighter for 2022 this company will break grounds and limits to get to the top
investec bulls are at play inline with the recent intrest rate hike cycle
multichice seems to be looking very bullish at this point a break out of the structure possible
VIVO Energy may still look to set the tone for another leg to the upside
JSE:CPI has been trading in a sideways consolidation area since Jan. With yesterday's price action it broke out of the top of the channel, which could mean a good opportunity to go long.
Richemont back at a level it started perheps we may see more buy orders being executed to move higher
Sygnia still looking atrective for a move higher as long as the level holds
Our 3 momentum indicators have all crossed downwards on JSE:AMS signaling a good time to enter a short position. The target is at the strong support level at around the 160000 level.
All three of our momentum indicators have crossed downwards on JSE:AGL . It is looking good for a short position. Target levels around the support area of late September 2021.