JSE:J212 Testing very strong resistance. Price extended from 20ema so maybe place to take some small short?
JSE:NPN Tried to break and close above 3000 resistance but this morning pulling back. Big negative divs on indicators. Probably will go the test bottom of the range
JSE:BHP After big gap due to dividend payment, $JSEBHP is consolidating in the box. Break bellow will open target around gap close around 26000-26500 area
JSE:SOL Another break out and looks like $JSESOL will close the gap
JSE:WHL Breaking up from flat top triangle on hourly chart. Target around 5770/5800 area
The Sanlam Group is one of the largest established financial services groups in South Africa. Established in 1918, the group demutualised in 1998 and Sanlam Ltd then listed on the JSE Ltd. and the Namibian Stock Exchange. The group has business interests elsewhere in Africa, Europe, United Kingdom, India, the USA and Australia. Daily: We can see an impulse move...
South32 is a globally diversified metals and mining company. They mine and produce bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc in Australia, Southern Africa and South America. In May 2015, South32 successfully demerged from BHP Billiton and listed on the Australian Securities Exchange, the Johannesburg Stock...
JSE:J200 Failed to break from sideways consolidation and so far making what is called PIN bar or big inverted hammer. This looks very bearish to me.
JSE:APN Making falling wedge but after last gap down consolidates in the box. Break of the box can be traded
JSE:KIO Rising wedge broken and been back tested FT = 24000/24500 area
JSE:J200 Stuck in 2500 points range with few fast jumps out from early October. No follow through in our market for whatever reason.
JSE:BHP This looks as great place to short $JSEBHP. It tested previous high made hidden bearish divergence.
JSE:SOL Testing bottom of the consolidation pattern. More downside possible