JSE:ANG Weekly chart made cup, broke neckline and and now back testing it. If it plays out target is in 260/280 region. This is longer term play.
JSE:FSR Making head and shoulders. Neck line is 6250. Break bellow will open 5500 as target.
Rand Merchant Investment (RMI) Holdings is an investment holding company with a portfolio of insurance and investment products targeted at the commercial, corporate, retail and public sector. The group’s history can be traced back to 2010 with the spinning off of insurance assets from Rand Merchant Bank (RMB) Holdings, FirstRand and Remgro. RMI Holdings shares...
Pepkor Holdings Ltd. is a diversified retail group that has a significant footprint in Africa that is listed on the Johannesburg Stock Exchange. With over 5100 stores in 12 countries, Pepkor is truly a retail giant in Africa. The group has 17 store brands over the retail industry, ranging from affordable quality clothing outlets to high-class furniture outlets....
Founded by entrepreneur Brian Joffe in South Africa in 1988, Bidvest Group Limited is a well known international trading, services and distribution company which first listed shares for sale on the Johannesburg Stock Exchange (JSE) in 1990. The group either owns or has significant holdings in about 300 companies, with a portfolio of assets that spans five...
JSE:APN Testing flat bottom triangle on hourly chart. If broken more downside coming.
JSE:VOD Try to break up on Friday but yesterday pulled back making ugly inverted hammer. Good place to short it as old saying goes from false moves come fast moves.
FX:USDZAR Big inverted hammer on hourly chart. Ideal place to short with stop loss just above it.
JSE:FSR Bearish flag on hourly getting broken. In mean time bigger head and shoulders is made. Neck line is at 6250.
JSE:SOL Published results today and they are looking good. FINANCIAL PERFORMANCE - Earnings per share up 112% to R23,92 - EBITDA up 10% to R27 billion - Core headline earnings per share up 18% to R21,45 - Normalised cash fixed costs contained to below inflation target - Dividend per share* R5,90 (3,6x CHEPS) * Our dividend policy is to pay dividends with a...
JSE:WHL Trading in well defined down channel last few years. Currently is at the bottom of the channel and today is making nice engulfing bar so far. Currently up 5% If you like setups like this good place to go long with SL bellow yesterday LOD. Target over long run can be other side of the channel, first target around 5000.
JSE:ANG Still moving strongly up. Resistance are around 23000 above that 25500. Support for now is 20000 (gap from yesterday) this should be run away gap.
JSE:J210 Hitting resistance zone form 2015. From the bottom early in 2016 trending in well defined channel. We could see pull back here. Pull back can be used to go long.
JSE:APN After big drop it consolidates in down sloping channel. Tested top of the channel late in January. Support at 13800. If it breaks bellow it will probably go and back test bottom of the channel that is currently around 11500/12000 area.