JSE:MNP Breaking above falling wedge today, wait for conformation to go long or even better pull back.
JSE:BHP Bear flag in making with big red engulfing bar so far today
JSE:MTN Stuck in consolidation (flat top triangle) consolidation for some time. Trading statement this morning and looks market likes it so far. Break above 9600/9650 will open target around 10000/10100.
Hitting some resistance might see some movement downward if momentum runs out The idea is based on my strategy, please consider before using this idea. Feel free to comment whether you agree or not, I welcome conversation. Remember to use a stop-loss and manage risk. Note: The views provided herein do not constitute financial advice.
$VOD in an upward channel but could turn down here to retest $JSE
Hoping the upward channel is broken for a move lower in FSR, supported by turning MACD.
BITFINEX:BTCUSD Falling wedge getting broken, next target is around 13500.
Nice break by $WHL in the upward channel, but will it reach the top in this choppy market?
Hoping $MTN has the legs to break up through the downtrend.
JSE:LHC Posted trading statement this morning. Watch for break above neckline. From trading statement: The Group delivered good results for the 2019 financial year in challenging operating conditions with strong revenue growth of between 7.9% and 10.3% (2018: R23 488 million).
JSE:PIK Posted results this morning. Chart is consolidating in symmetrical triangle. PICK N PAY STORES LTD REVENUE R44.2 BLN VS R42.2 BLN FOR 26 WEEKS TO AUG 26 COMPARABLE TURNOVER WAS R43.1 BLN VS R40.7 BLN FOR 26 WEEKS TO AUG 26 2018 REPORTED DILUTED HEPS 90.61 CENTS FOR 26 WEEKS TO SEPT INTERIM DIVIDEND UP 9.5% TO 42.80 CENTS PER SHARE JSE:PIK
JSE:BID Tested break on three occasions including today as well. On Friday we had false break into the range. Looks like good place to be long. First target around 34500 previous high. Target for break on daily is around 36000.
JSE:TKG Made big engulfing bar yesterday and made double bottom. Could be nice setup as well for few days for traders that like trading against major trend.
JSE:MNP Making big falling wedge. Wait for break out could be very solid long setup here.
JSE:INP Hourly chart making new high. Long here with target around 8700.
JSE:APN Broke higher from small consolidation area. More upside is likely. Targets 10100,10700 and 11200 top of the big range.
JSE:AGL Looks like double top didn't have chance to reach target. $JSEAGL moved higher made bullish flag and looks strong. Target to watch are 38000 gap close, 39500 previous minor high and 40500-41000 area.