JSE:WHL Mange to break higher after two big up days. Broke flat top triangle but currently RR is too small to take long trade. Rather wait for pull back and potential test of broken triangle.
JSE:MNP Not perfectly symmetrical inverted head and shoulders. Wait for break higher.
JSE:SOL Testing gap from 9 March and making flat top triangle in process. Wait for break higher and potential gap close.
Hoping for a move to the downside soon, lets see if Fib levels are respected
Elliott triangle+correctional waves will see NASPERS deem a double top invalid as the bull market continues. Fibonacci is used to identify an all-time high. Good luck and follow me for more!
JSE:J200 Support on J200 very close around 33000-35000 area. But don't count too much now supports getting broken these days.
TOP40 - Trendline from 2003 + 50%fib retracement - i think market can put in a bit of a bounce here.. possibly a little to much too fast?
JSE:APN Down 12% today with market been up all day. Stopped at support around 8500 If that breaks next support is around 6300. And if cup plays out target is at ZERO.
JSE:APN Publishing results after close today. There are small head and shoulders in place with moving averages getting red. On the other hand it is holding very well today with all selling on our markets. What is interesting all market action is contained in daily bar on 19 March 2019 and very bad results published.
JSE:AGL Down 6% today and making head and shoulders. Watch for neck line break.
JSE:CFR Testing bottom of range, break lower and drop or bounce from here towards top of the range.
JSE:APN Made small head and shoulders with neck line been broken today. Target around 9200/9300 area.
JSE:ASR Made inverted cup and handle pattern in down trend. Conformation will be close bellow 21500 with target 13000/16000 zone with projected target for pattern around 14500.
JSE:KIO Breaking long term support and breaking down form bearish flag. Looks very bearish to me.
JSE:NTC Made inverted head and shoulders last year that confirmed with target around 2230. Unfortunately for bulls it never pick up momentum and continue trading sideways. On Friday it opened around neckline that acted as support. It could be good long with SL close bellow neckline and target still around 2230/2250
JSE:HAR Posting weekly chart since patter is way to big for daily. Made sideways consolidation over last 5-6 months with top of it been tested on Friday. Break above will bring more upside. What I wanted to point is big cup pattern that is still developing. If it plays out potential target is around R10000
JSE:MNP Developed falling wedge from December 2018 to Novembr 2019. At the begining for November 2019 broke above with projected target in the zone between 38000/38500 In mean time it went down and back tested falling wedge in January 2020. There is smaller cup and handle pattern that developed over last two months. Target for that pattern is around 37000. If...