The trend in Sygnia 4th Industrial Revolution (JSE:SYG4IR) may have changed as it appears to enter the early part of a Stan Weinstein Stage 2 uptrend. This is the second close above the 30w ema, the RSI is showing positive momentum and has regained the 50 mark. The relative strength vs the JSE Top 40 Index (JSE:J200) is trying to turn positive.
Although the PPO...
Hoping to see a test of at least the top of this down channel @ around the 4000 level. My view is that this could possibly be reached if we see further strength in this bear market rally and the USDZAR plays along. I have a position. Be nimble. Don't fall in love with the upside.
