BLU broke strong resistance at R4.78. Can it break R5.40 and complete a nice looking CUP at R6.15 ??????????? In overbought territory but it is still going strong. Any other suggestions on this!!!!?????
Next Strong Resistance = R4.75 - R4.78. Can BLU give a bit back again???? Will have to wait and see.
405c could become a target. Speculative share at best.
One giant lemon (Cell C) can make millionaires from billionaires -Levi brothers. A lesson in mortality. Either they offload, or they continue to take huge annual losses. What were they thinking ?
You get daily candles like this when investors have good earnings expectations and it disappoints. Trading on a news expectation is very risky business, especially where liquidity and volatility is high.
blue label (cell C) has broken resistence that has been holding since 2017. blue label is over sold and an acquisition by telkom would increase momentum. i recommend a T.P at R8.00.
Bear flag in the making. Target 380
Buying towards the previous base
Buyers pushing price back into channel. If successful it would constitute a false break with more upside (top of sideways range potential)
After the recent poor results from Vodacom the Cell C lemon is haunting Bluetel again. Bottom of this range should hold, or more downside to come.
Bluetel consolidating in a clearly defined channel 470 - 580. Stock seems cheap on paper. Cell C lemon discounted out of price.
Long BTUJ - believe we reached bottom post results and due to exit of dividend holders. Despite the volume, no major drama on the selling front. Fundamentals look good. Technical levels: SL 659 - Essentially just below the 2018 low or 7.25% from current price. T1 - 820 T2 - 930 (might want to trail that one if momentum look good) R/R = 2.7 ***** Sample numbers...