GLENCORE PLC GLN

RossLarter Premium

The bearish engulfing on JSE:GLN seems to be playing out quite well so far. Along with that, the stochastic and MACD have both turned downwards, so once the EMA's cross in a downward direction, the momentum strategy will also be triggering and alert on this one.

techpers Premium

Diversified Miners Relative To JSE Top 40 Index I published this view on 22 November 2022 where I anticipated a move higher, followed by a 'roll-over' out of the bear flag structure. This setup is currently underway. Original view attached. For more research insights, including trade ideas, get in touch today.

Timonrosso Premium

TAKE PROFIT REACHED after two months of holding this trade - Glencore. There was a super Diamond Formation that told us it was heading to a target of R120.00 It touched beautifully today after the long hold and seems to show more upside to come. I'm out of this trade for now.. Follow for more Daily TRades and Analyses... We show both winners and losers as I've...

Trend_Trader_JSE Premium

JSE:GLN recently broke above R103, following retest of the breakout level, JSE:GLN has broke above a new high. Bullish.

surecanweight Updated 

GLN After a Consolidation Faze Glencore has broken out and Cup & Handle Trade Pattern Continues

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...

RossLarter Premium

A potential short position has triggered on JSE:GLN based off our 3 momentum indicators, the stochastic, the MACD and the crossing of the two EMA's. If triggered our target will be down at the R82 level. This coincides nicely with a strong support level from earlier this year and late last year.

Trad3r_16 Premium

Glencore has broken out from an ascending triangle. 50DMA trading well above the 200DMA and both moving averages turning upwards showing nice underlying strength in the share. Stop loss below horizontal breakout.

Trend_Trader_JSE Premium

JSE:GLN trading volume has increased since the lat JSE:GLN chart we shared. A breakout with volume, perfect.

Trend_Trader_JSE Premium

JSE:GLN is attempting to print a new all time high. The stock previously flirted with R106/share but never traded above this level. A close above R106 will be interesting.

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).

Timonrosso Premium

CHALLENGE TRADE IDEA: MARKET: Glencore (GLN) TAKE PROFIT: R120.00 REASON: Bullish Diamond formation with rising lows on RSI. What are your thoughts?

Timonrosso Premium

Diamond formation Higher probability for upside Target R120.00 Concerns: If price breaks below the Diamond, it will crash hard to R76. But right now the signs are pointing up.

Loyiso_BlaqueSoros_Mpeta Premium

Glencore has had a sterling run from the March 2020 bottom at R22,54. The bull run ran out of steam at R105,94 and is currently trading in a sideways consolidation. From an Elliott Wave perspective, sideways consolidations are normally triangles, especially in a fourth wave position after a strong third wave. The key level to watch is R79,20 and a break below this...

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...

clive528

Glencore reached our previous target and passed it, currently back tracking I think Glencore next support is @R68/R65. Where the bulls might take charge.

Trend_Trader_JSE Premium

JSE:GLN may be pulling back to the R80 area of value. For holders, it'll. be good if it can find support there. Otherwise it could be the beginning of its declining phase, that will be bad for holders.

Trend_Trader_JSE Premium

JSE:GLN sins are finally catching up with the share price in the JSE, after admission of guilt in US & Europe. The stock was weak last week, it's trading below key MAs. I expect JSE:GLN to continue to push lower, resources stocks are weak, there's enough downward momentum in the sector, that can help JSE:GLN to break the horizontal support.