W Formation formed on PPC.
The price broke out of the downtrend since January 2024.
and we have further confirmation with price above both 20 and 200MA.
The target has therefore been increased to R4.60.
With the new building of the malls in South AFrica and the property boom, I don't blame a company like PPC to have invested interest from the shareholders.
In Feb 23 Foxtons made ranged instead of breaking out. It then took 10 month to head upwards. It tested its 30 day moving average in April and now more news of a sale process has led to today's increase of 6-10% in one day.
Resistance hit during Feb 2020 was 97 and this could be hit again.
Do your own research and trading and this is not a solicitation to...
Falling Flag - Breakout took place on 18 Dec 2024.
The price stayed above 200MA but lingered between the range of 20MA.
We are seeing lower highs and lower lows. WHich means a broadening formation is forming between the bulls and the bears.
There is no strong indication when the price will rally but the analysis does remain the same until the price either...
Certainly! Let's dive into the world of "Athena Constructions."
Athena Constructions is a renowned construction company that has left an indelible mark on the industry. With a rich history spanning several decades, it has consistently delivered exceptional projects, earning a reputation for excellence and innovation.
Headquartered in , Athena Constructions has...
W Formation has formed on Calgro M3.
We haven't had our breakout yet but it's most definitely forming higher lows. ANd it's above the 200MA with a predominant uptrend.
This is all great news for potential upside.
We'll set the first target at R6.03
FUNDAMENTALS:
Calgro M3, a South African property development company, has been experiencing a rally in...
The recent announcement of a stimulus package by the Chinese government to boost the property sector is expected to have a positive impact on the Australian stock market, particularly the Aus200 index. The stimulus package includes measures such as lower down payments for home purchases and tax breaks for developers. These measures are expected to increase demand...
a blockchain that provides access to a brave new world of global citizenship
a dead capital somewhere can be put into work
with a facility such as this
i wouldnt be surprise if Sequoia or Vanguards takes ove majority of the 20% float currently being allocated to speculators and pals
I think once can accumulate Growthpoint between 1020-1030 for an eventual pop to 1070, 1090 and 1110 (200day ma). There is some forced selling due to the MSCI index rebalancing but once this is over the stock should get some legs again. If buying use a stop loss as a close below 1000.
the 20dma which was previously resistance has now turned into support and the...
we've seen this before from LEHMAN to thw GOLD market and recent covid market crash
we await government intervention
or a white knight to take over and flip this back to normal
Primary objective is to stop the bleeding
should be a good speculation stock at sub $1.0 towards $.85 .69 cents
reminds me of Century Tuna's green dev Propety ALCO land that made 8x (+800%) in just few months
when it decided to position itself clearly. Hiring seasoned officers from ALi
Change of Name is just a warm up... underneath is Vision Strategy etc for the next generation
was once the Leader in Property retail business
the ever supermart looks like Alibaba Ebay...
Inv Head and Shoulders seems to be forming with Vukile Property.
We have recently had a breakout out of the downtrend and now there seems to be a consolidation of some kind.
I expect the range to form somewhat a Right SHoulder, before the next up side is imminent.
7>21 Price>200
RSI >50
Target R16.51
ABOUT THE COMPANY
Vukile Property Fund is a South...
H&S formed on Growthpoint.
We mentioned this was one of those low probability trades.
However, the overall trend won (as most of the time it does) and down it went.
The target hit at R11.88
And unfortunately, I see further downside to come.
LOADSHEDDING AND PROPERTY COMPANIES!
It seems like the 6 hour - 12 hour day Eskom load shedding is having...
Back then:
VNQ falls below 20 SMA in Jul 2007
Double attempt to rebound (red arrows) but failed
after struggling 15 months, a sell off begin in Oct 2008
Now:
VNQ falls below 20 SMA in Jun 2022
Double attempt to rebound (red arrows) but failed
RSI remained in low levels below 50 (more bearish than bullish)
Might not seen the worst yet, unless RSI reverse back above 50
Cup and Handle formed on a larger scale.
21>7 - Bearish
Price >200SMA - Bullish
RSI >50 -lower highs - Cautious
1st Target R142.49
Unfortunately, it's not looking good for the trade. It's close to the Stop loss.
It's for this reason I lowered the stop loss level below the 200MA. An order block formed which created Sell Side LIquidity. This is where Smart...
Symmetrical Triangle has formed on Aveng... With the property prices on the way down with the global crash, we can expect the price to drop further... However, as traders we need to wait for a breakdown first, to confirm...
This could very well break up and we could have a Reversal Bull Symmetrical Triangle.
But right now the bias is bearish with a target at R8.08
“This is the paradox of public space: even if everyone knows an unpleasant fact, saying it in public changes everything. One of the first measures taken by the new Bolshevik government in 1918 was to make public the entire corpus of tsarist secret diplomacy, all the secret agreements, the secret clauses of public agreements etc. There too the target was the entire...
Meta is the big bet made by Facebook to corner the market on digital devices hardware currently causing problems for their other business models. The whole effort is a data wolf in sheep's clothing and precisely why they will compete long term with a decentralized metaverse from one of the big web 3 players the sandbox, decentraland, and the other side among...
