Exxaro trending up to R150Exxaro $JSEEXX trending up nicely after having fallen after the payment of the special dividend. On the weekly chart, share price looking like it should reach R150 where it will meet a strong previous support line and its 50 week moving averageLongby Cheyne544
EXX not breaking through supportJSE:EXX has been struggling at a support level since late August. It doesn't seem like it is going to be breaking through any time soon, so I am looking out for confirmation to possibly enter a long position. If it breaks through the fractal of the 27th of September, I will consider entering.Longby RossLarter5
EXX possible continuation or Trend ChangeEXX . RSI and MACD Both in Agreement with bullish Trend Signalled Longby surecanweightUpdated 2
Double bottom on ExxaroSeeing a bullish double bottom technical chart pattern on the EXX daily chart. Waiting for a confirmation in the form of close above the R136 resistance area. Watching for now!Longby Innocentmaponde7
EXX Trade IdeaBuy/Long EXX at current levels of 13390c or lower Stop-loss: 13000c Take Profit Target: 14200c Trade Type: Medium Term CFD Longby LD_Perspectives6
EXX - time for a correction rally?A conflux of technical indicators supports a bullish bias. Setup remains risky as it is only an expected counter-trend relief rally. The blue line on the main chart is the lower two standard deviation range. Increasing probability for a relief rally as the price action is overextended to the downside. MACD (lower panel) confirms a bullish trend direction. Retracted from RSI oversold territory. ADX forming a peak - hinting that the previous strong bearish trend is losing momentum. This might support a bullish price action. Time to exit: +/- 13 September 2019 Longby Peet_SerfonteinUpdated 6
EXX - New Bear Trend We may derive the following from the Weekly EXX chart: 1. Price has broken our major 2016 uptrend. 2. It is probable that price will continue to decline. 3. Watch for short opportunities. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.Shortby zeerotrader7
EXX Double bottomJSE:EXX failed to break through a previous low and has formed a double bottom pattern. We could very well see an upward swing from here. The stochastic also seems to be confirming the move.Longby RossLarter5
JSE:EXX Exxaro Breaking DownExxaro has been in an uptrend but the stride has been broken. There is divergence with the Volume RSI and more downside can be expected. Waiting for a pullback.Shortby SteynTrade3
ShortEXX trading as expected broken significant Resistance levels and making new lows the one to watch today Shortby surecanweightUpdated 4
$JSEEXX - Update: Breaks downExxaro reached TL support as previously expected, but continued to break lower.Shortby Trad3r_163
EXX at supportJSE:EXX is approaching a significant support level and could possibly bounce for an upward move. Stochastic is confirming the same.Longby RossLarter5
EXX - Spot on! Where to now?We may derive the following from the Weekly EXX chart: 1. Price has reached our channel support (See linked idea). 2. Majority of profit can be taken. 3. A bid is most likely to occur at the support (pink line) - however a break of the trend is possible. 4. Monitor price action. 5. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.by zeerotrader2
$JSEEXX - Headed towards TL supportExxaro could potentially drop to around 145-ish before we see a significant bounce (TL support) by Trad3r_164
EXX - Respect the Inner ChannelWe may derive the following from the Weekly EXX chart: 1. Overall, price is still in an uptrend. 2. We have a channel with strong resistance and a double top. 3. Price i.m.o should first drop lower to the support of the channel. 4. Wait for price to reach the trend support - for now, we remain bullish (trend is your friend). 5. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.by zeerotrader2
Exxaro long idea based on uptrend and upcoming support levelWill be going long around the support area. Strong uptrend in place coupled with strong support level.Longby TshepisoR372
EXXARO at 2 support levelsThe price has come down steadily to test the rising trend support at around 126.00. However, there a small horizontal support at 124.00 that is a stronger buy. The stock is extremely over-sold at current levels but it does leave the door open for price capitulation. The play here is to wait for a green candle and then buy for a relief rally. Longby RobbyP3
JSE:EXX Exxaro Stepping Stone Re-accumulation Exxaro has be in a strong upward stride. In the recent move from the oversold line there has been two stepping stone re-accumulations. The current re-accumulation is about to be broken which would continue the move to the overbought line. Longby SteynTradeUpdated 6