AFRICAN RAINBOW MIN LTD ARI

techpers Premium

The attached chart is relative ratio of equally weighted diversified miners vs the JSE Top 40 Index. When trending higher, it means that miners are outperforming the broader market while a downward trend represents underperformance vs the broader market, particularly large caps (JSE Top 40 Index). On a medium term basis, a large megaphone pattern has developed...

runyamhere Premium

African Rainbow price is constricted between resistance and rising support forming an ascending triangle. In previous instances ARM showed this price action, price broke to the downside. There is a high probability of the same. Price closing above the resistance line on a weekly basis would be a stop loss for a short position then closely watch for a false...

MarcoOlevano Premium

African Rainbow minerals is carving out another bullish flag formation which should see it reach two technical targets of R280.00 and R310.00, once it breaks out above the flag.

techpers Premium

Yesterday pre-market, the data pointed to 'relative' outperformance of financials (banks/insurers). To see the full note, get in touch today. Apologies if the text on the chart is not clear enough (unfortunately, might be distorted after publishing).

techpers Premium

Continuing my research for this coming Monday's report. This is a slide I'll be including: JSE Sectors Equally Weighted applied with a 2 Standard Deviation, 50-day Linear Regression Channel (will most likely add more metrics for context). Upper Range = Approaching ST Overbought/Expensive. Lower Range = Approaching ST Oversold/Value. 1st Panel. Top Left is...

KatlehoThaba

African Rainbow Minerals has completed a running flat in wave 4 of (3) and ready to commence with wave 5 of (3). I anticipate termination at 261.8% Fibonacci level.

techpers Premium

Original idea attached. Target of 22340c has been reached following rebound off lower boundary of declining channel.

techpers Premium

– Trading at lower boundary declining channel – Minor positive divergence with 7-day RSI emerging from an oversold range – Trading at just over 2.5x it’s mean over 200-days. Buy 21120-21350c Stop-loss: 20450c Target: 22340c Current: 21329c Short term rebound idea

AcolyteTrader

Price coming breaking higher from this C&H price pattern into an area of interest for buyers. Good spot for a long pos here with a decent R/R. LT trend is up. Always manage your risk.

Sbo_Dhlamini Pro+

african rainbow mineral might see a bounce from the zone to move higher

VillageTraderZA Premium

The stock came back above the 200 day EMA for the first time in a while recently. It came back to retest the 200 day EMA on Friday. If the stock breaks R250 there’s a nice place for a R304 target with a R233 just below Friday’s low and the 200 day EMA.

VillageTraderZA Premium

Some more pain to come on the platinum miner. bearish symmetrucal triangle building up for a R140 target

AWPEARCE1

In agreement with analysis done by Peet Serfontein. stock already purchased. Weekly and daily stochastics also showing heavy oversold positions.

Peet_Serfontein Premium

Starting to break some major resistance. MACD supports a bullish trend direction. Trend strength suggests a strong trend gaining strength. Upside price momentum supports the bullish trend. Mean reversion trade likely!

Peet_Serfontein Premium

Above 23300 supports a bullish trend direction. Upside price momentum supports the bullish trend. A price action close and below 22800 increases the likelihood of a pullback and mean reversion trade. At the lower range of the linear regression channel and the Bollinger Bands - which also supports upside price potential. ADX supports a strong trend gaining...

RossLarter Premium Updated 

JSE:ARI is showing some good downward momentum based on the stochastic and MACD and the EMAs which are about to cross downwards. I will wait until we get absolute confirmation from the EMAs before entering, but if it breaks lower than the low of today's candle so far, we should see a cross.

Sbo_Dhlamini Pro+

ARI seeing a bull case at play

Trend_Trader_JSE Premium

I would like to see JSE:ARI break above the resistance level. TVC:GOLD is currently trading above the 200EMA, hopefully that can hep push JSE:ARI prices higher. If the breakout happens, I will buy at market close, with a stop level 2*ATR from the 50EMA. No target, the trend may persist. Will close the position if price close below 50EMA.