JSE:ANG Power of strong gold price and week rand. Up 35% in 9 trading days.
JSE:BTI After initial and strong move up, $JSEBTI was consolidating is something that looks as bull flag. Today we had strong break out on big green bar. Target for this move according to AB=CD is around 68000.
JSE:VOD Pushing towards top of the range. Get ready to go long if it breaks higher.
JSE:AGL Consolidating in few weeks long rectangular. Break above will target 38500.
JSE:MTN Trying to break 10600 level after consolidating in range for few weeks. Break above 10600 will open target around 11600.
JSE:BHP Still early days but potential head and shoulders on daily.
JSE:MNP Is in down trend and currently breaking head and shoulders pattern intra day. Target around 28800/29000
JSE:TKG Great example of "From false moves comes fast moves" or "Buy on rumors sell on fact" In both cases $JSETKG is ready to go down.
JSE:CFR Making flat top triangle. Area around 11200 will act as resistance. If it breaks above more upside.
JSE:LHC Hitting some serious support. Will it hold or next leg of downside coming, and could be big.
For the best part of the last six months, Bidvest Ltd has been trading in sideways range of between R212 and R192. It recently broke above R212, going all the way up to R224.58 but didn't manage to hold the level. The stock is now trading back at support around R192. It is interesting to note, while the stock is sitting on support, the Slow Stochastic is also...
JSE:SLM Tested support around 7100 once again. Break bellow will be quite bearish for the stock.
JSE:OMU Trading in well defined range from October last year. News on Friday about CEO been fired pushed stock out of the range but it quickly recovered and closed inside range. So far not much to be done. Wait for break of the range.
JSE:BHP Support around 31800 held and now even small down channel was broken. Looks bullish to me at least until stocks hold above 31800