Naspers

Naspers: Tencent AI Proxy Amid #AI and South Africa Bonds Naspers: Undervalued Tencent AI Proxy Amid #AI and South Africa Bond Stability Trends? $80 Target in Sight? Naspers (NPSNY) ADRs are trading at $67.69 today, up 0.5% amid positive South African market sentiment following the Treasury's smooth $2 billion Eurobond redemption and hints at new issuances to replenish reserves. This fiscal resilience has spurred foreign inflows into SA bonds, with R24.8 billion net buys recently, boosting local equities like Naspers—which has rallied 34% YTD on Tenc

Naspers NEXT push up to R501 with a Double Motion?W Formation has formed after some consolidation range in the last few months. The JSE is also showing strong upside to come as it's catching up to American markets as laggards do. Technicals are also looking promising with Price>20 and 200MA which deems it HIgh Probability as per the last trade idea. Target R501.59

Naspers double breakout pattern for great upside Falling Wedge and Cup and Handle has formed on Naspers. The price broke above the Wedge also a downtrend. It seems like it's going to follow Ten Cent and world markets. Nature: High probability Price>20 and 200 Target R4436.84

$JSENPN Naspers On support Naspers is trading on support at 3570 and testing the breakout level. If it holds, a new all time high could become a target - 4500.

Tencent breakout first time since Jan 2023 -Target 366.40 W Formation has formed recently on Tencent Holdings. And where the price broke above the Neckline is also where the price has broken it's downtrend for the first time since January 2023. This deems a very positive sign for buying and demand to push the price up. Nature of the trade analysis is High Probability Too. Price>20MA and Price>200MA Target 366.40 Looks great!

UPDATE: Naspers target to R1,591 on the way - WARNING We'll get into what happened to Naspers in a bit, or just scroll down... But I need to mention something, that not many people know. About two years ago, I stopped trading Naspers. It was so rigged and manipulated between many factors and alogrithms. 1. First with TenCent, then with Prosus. Then with prop funds who just make money with the incremental moves throwing in 1s and manipulating the market on only technicals. Well, we sent out a short potential analysis as we expected the pr

$NPN Naspers. The story of Naspers for 2023 - Consolidation Naspers has been consolidating in a +-20% range between the high and the low for 2023. Let's hope we get a Xmas rally to break the upper boundary limit and end the year on a high.

Naspers after a long YEAR fight - Bears have won It's been a trying time for Naspers Media company. Since January 2023, up until October 2023. The price has moved in a sideways range and has failed to break either way. That was un 18 October 2023, where the price pierced through a solid neckline of an M Formation, Since then, it's entered into bear market territory along with the JSE ALSI 40. The signs are all pointing down for now and we are more selling to come. Other indicators show downside. 200>21>7 RSI<50 Target R2,367.00

Prosus looks weak JSE:PRX and JSE:NPN don't look healthy, on the charts. Both stocks have been weak for a while now. Prosus is on the verge of breaking below a potential support level, this opens a window for lower prices to be tested.

by Trend_Trader_JSE

#NPN Naspers range bound - holding bottom of box Naspers has been trading in a very sideways fashion over since the beginning of the year with support evident in the 2920-2980 area with resistance at 3400 - 3570 on the upside. Most likely with a nibble at the bottom of the range which looks to be holding for now

by MarcoOlevano

To buy Naspers when we buy Prosus - The answer is There is a super strong correlation with Naspers and Prosus. So yes, it would make sense to buy both. But with such a strong correlation one could just double on the investment on one of their trades to avoid extra costs? That's just me thinking out loud. Naspers and Prosus are closely correlated in price chart because of the relationship between the two companies. Naspers is the parent company of Prosus and holds a significant stake in Prosus. In fact, Naspers owns a majority of the vo

PROSUS showing upside to come to R1661.98 after W Break W Formation formed after it's been in consolidation for a while now. The previous trend was up, so the conditions have lined up as a high probability trade. The price has broken above and looks to be heading up. 7>21>200 RSI >50 Target R1661.98 SMC Sell Side Liquidity Order Block just below the Second leg of the W Formation. This is where Smart Money has been buying the price up. ABOUT: Prosus is a global consumer internet group headquartered in the Netherlands, with a primary listing on E

Naspers UPDATE on its way to the target at R4,000 Falling Wedge Formation is evident on the daily chart. The price is still consolidating around the apex. We need the price to break up and out of it to confirm upside to come. 7=21 Price >200 RSI>50 Target R4,000 ABOUT THE COMPANY 2023 Naspers was founded in 1915 as a newspaper publisher in South Africa. The company is headquartered in Cape Town, South Africa. Naspers is one of the largest media and technology companies in the world. The company's most valuable asset is its stake in Tencen

Prosus long position Similar to our JSE:NPN trade, , the bullish engulfing that formed on JSE:PRX seems to be playing out nicely, and I wouldn't be surprised if it reached is target in the next few trading days.

NPN on track for target We entered a long position on JSE:NPN on the 22 of March based off of the engulfing candle from the previous trading day. It is currently looking great and we are well on track to reaching the target at the 3550 level.

UPDATE: Naspers in the money - Short Target R2,766 We had a confirmation break with Naspers Inv Cup and Handle. The price broke to the downside and now it shows strong falling to come. 7=21 price>200 - Reversal RSI <50 - Bearish Target R2,766.00 This coincides with the fall in JSE and other markets since the SVB collapse. I expect more Blue Chip stocks to tank until the world enters some type of equilibrium and solace.

UPDATE: Naspers short confirmed to target R2,766 Break in Uptrend structure confirmed and we are no longer in an uptrend. We've been in a sideways range and now entering a bear market as of today. We now have a largeish Inv Cup and Handle with a few bearish signals. 21>7 - bearish price>200 - Bullish RSI <50 - Bearish lower highs Target R2,766.00 WARNING Even though we expect the price to drop, it's only correcting back to the 200MA zone. Once the price gets there, we'll see a test between the bulls and bears before a chosen direction is est

Prosus hit our target up at R1,446 now expect downside Target hit at R1,446 recently from a larger Cup and Handle. And since then we had the price go up one more day before entering into a strong sideways range. During this time it formed an Inv Cup and Handle with a few bearish signals. 21>7 - bearish Price>200 - Bullish Target R1,1033 RSI<50 Bearish WARNING Even though we expect the price to drop, it's only correcting and equilibrating back to the 200MA elastic mean zone. Once the price reaches here, there'll be a test between the bulls and b

W Formation on Multi-Choice looking good to R147.60 W Formation from the last update with Multi Choice is looking good and on track. It broke above the neckline, and it's been swimming on up on a good inclination (45 degrees). Indicators are also looking positive. 7>21>200 Bullish RSI >50 >70 - Bullish Target R147.60 ABOUT THE COMPANY MultiChoice was founded in 1995 as a subsidiary of the South African media group Naspers. The company operates DStv, a digital satellite television service that offers a wide range of entertainment channe

Naspers break in uptrend structure - Bearish After a fantastic long trade with Naspers, it's eventually broken below the Uptrend structure. This means, the price is now in free fall and is more likely to touch the previous support (brim level of the last Cup and Handle). 7=21 price>200 - Reversal RSI <50 - Bearish Target R2,766.00 As always it is correlating with Tencent and Prosus... We saw a sluggish market in Asia session with the banking holiday effect in America. Hong Kong stocks slump as Chinese tech giants step up rivalries, HS

Prosus hit our price target at R1,445 and enters into a bull Since we sent out the trade idea on Prosus, it formed a beautiful Cup and Handle which broke our of the brim level. 7>21>200 Moving averages all looked perfect and RSI was above 50 Green backgrounds all around. The first target he set was to R1,445.20. WHich it hit last week. Now unfortunately, there is no other chart pattern that's formed but instead a bull (rising) channel is on the way. This is where trend traders will ride it on up until the trend breaks. It doesn't give us breakout tra

Naspers 52 wk hign JSE:NPN printed a new 52 week high. JSE:NPN has had a great run, if HKEX:700 continue to move up, it'll be good for Naspers.

by Trend_Trader_JSE

Adjusting stop loss on Naspers Naspers has been moving super in our favour. I'll be adjusting the stop loss to R3,202,18 as the trade has been on for quite a while and we need to secure profits with medium term trades. still bullish though.

Naspers, R3000 JSE:NPN touched R3000/share, R3008.89 to be exact. We love that, we have a long position. JSE:PRX is also positive but we prefer JSE:NPN

by Trend_Trader_JSE