Aspen on the go, with a free run way to 24500cLooks like Aspen is on the go. It has an open run field to R245Longby VillageTraderZA3
#ASPEN - Onwards and upwards"History does not always repeat but it often rhymes" One can notice the common thread in the price action... long bias while the trendline is intact -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Longby Trader-Dan2
Aspen back movingAspen is moving again. Perhaps the president's address on vaccine was the needed catalyst. Adding to the position Longby VillageTraderZA1
APN rangeAPN been trading in a range for a while now. I will be looking for weakness to R160 - R157 area to buy and then sell around R167 level. Trade ideas are my own and not financial advice.Longby jhwolmarans0
APN rangeAPN trading in a small range between R160 and R167. My preference to buy weakness to support around R160 - R161 and then sell into resistance around R167. A break higher we can see possible targets of R170 and R175. Trade ideas are my own and not financial advice. Longby jhwolmarans2
APN - Ascending TriangleA close above R167.50 triggers the long idea. With full target at R177.50. Stop loss will be below R160.Longby JonathanOtero7fUpdated 1
Healthcare Strong - Aspen Pharmacare: Clearing Overhead SupplyA few weeks back in my research report I mentioned the healthcare sector as having lagged and that are setting up well, emerging from multi-month bases. In the past few weeks we also highlighted setups in NTC (daily) and MEI (updated the Monthly view). So far this morning the price action for the sector has been quite strong hence I'm reiterating APN as it gradually moves higher. Attached are the previous ideas for APN, LHC and MEI.Longby LD_Perspectives4
The space between the tradesSome of these chart patterns take 2 years to breakoutLongby VillageTraderZA3
Technical Trade Setup: Aspen PharmacareWatch-list: Aspen Pharmacare is trading within an upward channel and has been in a 1-month consolidation near multi-month highs. Here, there are two key levels that I am focused on: (1) the overhead supply at 16715c, which could be seen as part of a rectangle (line 1_2) and (2) the ultra short term downward trend line that connects the most recent peak of 18-May (line A_B). Traders could prepare themselves for a potential break of line A_B, which would trigger a channel continuation. We will monitor this during next week. We previous had the name as a long at R147 on 14 April (see attached) and discussed the weekly/monthly charts our client research report. Longby LD_Perspectives3
Long ideaon APNSo if you missed the initial entry using the IHS pattern earlier in this trade, here is an opportunity to initiate a position from the breakout of this ascending triangle . The weekly EMA200 is directly overhead so one could wait for price to close firmly above the WEMA200 before taking a long. The 16600 level seems to be prior resistance looming overhead. Always apply proper risk management.Longby AcolyteTrader0
Long idea on APNSo if you missed the initial entry using the IHS pattern earlier in this trade, here is an opportunity to initiate a position from the breakout of this ascending triangle. The weekly EMA200 is directly overhead so one could wait for price to close firmly above the WEMA200 before taking a long. The 16600 level seems to be prior resistance looming overhead. Always apply proper risk management. Longby AcolyteTrader0
Long ideaon APNThe is bullish sentiment on SA inc. A nice IHS forming here in APN. Best be patient and wait for the setup to complete the right shoulder before taking a long pos. Longby AcolyteTraderUpdated 1
ASPEN - Bullish Pennant patternJSE:APN has formed a beautiful bullish pennant pattern and is looking good for an upward move. If it breaks out the top of the pennant we could see a move towards the high formed in June 2020.Longby RossLarterUpdated 3
JSE:APN Aspen Still Looking for the Step HigherStill following Aspen progress - see posts below. However, it has taken some time. Looking for a clean break above resistance and follow through.Longby SteynTrade3
Trade Alert: APNTrade Alert - from my research report - LONG or SHORT? DM me about the opportunity. by LD_Perspectives112
Nice Head and Shoulders on Aspen Nice H&S on Aspen as the stock hold the 50d EMALongby VillageTraderZA3
APN - Watchlist Potential Trade Idea: The price action in APN has been lacklustre and possibly has some work to do, but if it breaches line A_B, then a possible swing long may be on the cards (out of this rectangle/base). PAY-tience! by LD_Perspectives4
JSE:APN Aspen Ready for Markup to Continue?Following the progress of Aspen - see posts links below- we have seen a reaccumulation range. Some increase volume before the Easter break with a significant bar could be reading the stock to take the next step higher.Longby SteynTrade1
Demand RejectionWe might see this guys gaining momentum from reaching the demand zoneLongby Mars_African_EmpireUpdated 2
Aspen Hitting Major ResistanceWas anticipating a dip but weeks news saw Aspen recover nicely. Needs to get past previous resistance. Longby TradingMzansi1
AspenAspen has a strong resistance at R146 ,prices have passed that zone few weeks back but failed to continue the uptrend ,resulting in a fake out. With the role out of Vaccines Aspen might be able to breakout the resistance at R146.by clive5280
Aspen look set the for a new high close above 15470Aspen is having a tough time breaking into the 15000c - 17000c box. We have a nice combination of head & shoulders & Ascending triangle. We had what seem to be a false break recently. Waiting for a close above the recent high of 15470c. The last time Aspen closed above this level was October 2018.. When we get close above 15470c I will go to my position and pull my stop loss order to 13881c from 13413c. Trade Summary 22 March 2021 Average entry: 14472c Position size: 14.5 Stop loss: 14325c Risk: -153.56c Risk%: -1.84% Longby VillageTraderZA0