ASTRAL FOODS LTD ARL

Trend_Trader_JSE Premium

JSE:ARL printed a 52 week high but the stock is at or coming to an area of value. I have a long position and waiting to see what happens at this level. I would like to see the stock move above R220/share, where I'll add onto the current position.

RobbyP Premium

It was announced yesterday that government will be dropping import tariffs on poultry for a period of 12 months to help fight the rising cost of chicken. Let's not forget, that the tariffs were put in place to protect local producers against cheaper imports. The latest development leaves them with very little to no place to hide. I suspect our local producers like...

Trend_Trader_JSE Premium

JSE:ARL has reached a 52 week high, with a decent amount of volume. Markets are up down but this is a bullish setup. Every setup must be accompanied by a stop loss.

Innocentmaponde Premium

ARL seem to setting up for another move higher, potentially to 225. Bull flag technical pattern developing.

Trader-Dan Premium

-After a decent rally hitting a high of R193, price has cooled off and reached the 50 day moving average - This is also the previous breakout zone / gap - Looking for support in this area to look for a long trade -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

VillageTraderZA Premium

The market liked the trading update last week, EPS expected to be up 100%. The R189 resistance held a bit of a fight. I suspect from state bulls. Close Friday with a bullish engulfing candle that engulfs the entire week. I have a short term target at R220

VillageTraderZA Premium

Morning start chart pattern as the stock bounces back above the 50 EMA . short term buy with a R187 target and a R167 stop loss providing a 1.63 R:R

RobbyP Premium Updated 

(Also see, TBS & AVI)...With SA retail once again brought to it's knees, we do have some (unfortunate) opportunities, especially with our food producers. With supply chains disrupted and store shelves empty, we can only expect the "re-stocking" to benefit our brand owners and food producers. This is a buying opportunity for unusually high demand when the looting...

KoosKanmar

Took three months to reach first target and not in a straight line either. Second target 17700 looming.

VillageTraderZA Premium

My favourite type of dip

Mars_African_Empire Premium

There is a high chance this guy might gain their weight a little bit

KoosKanmar

Astral foods has been consolidating in what could turn out to be a bullish inverted head and shoulders. Watch the 14450 level carefully for a challenge and a break in coming weeks. A break of the neckline could open 16000 and 17700 targets. No position. Watching

TiggzzPhi

JSE-ARL: Has been stuck in a falling channel which began towards the end of May This is an intraday break and the stock needs to consolidate above 13457. I am looking for 14731 and later 16613

RolandBotes Pro

HELP The Macd on the Daily Chart has been trending upwards but the price is trending down for weeks now. The Monthly Chart seems to indicate a monstrous Head and Shoulder pattern which spells disaster. The company is trading at a PE of 7 which is low for a poultry company. Is there a poultry disaster on the horizon? Bird Flu? Massive oversupplies of birds which...

StuartPeter Updated 

Aiming for a continuation of the downwards trend

VillageTraderZA Premium

JSE:ARL The share has been trending down and the 200 week EMA seems to have held well as resistance. With a couple of fake breakout above the 200 week EMA. We have a bullish divergence with the price making lower lows but the MACD making higher lows. I will now wait for the break through the resistance level of R166 and close above R170 (3%) Potentially closing...

TiggzzPhi Updated 

JSE:ARL - NL 15101 and TP 17461

Trader-Dan Premium

- The share has been sold off hard together with other markets - Price is back to a level of interest , trendline support going back to 2014 - Looking for price action to give clues of support and a possible reversal -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.