HARMONY - RSI divergence on Daily (20 May)Price made highs around R74 before stalling RSI divergence evident on Daily chart Price stayed higher or equal, whilst RSI moved lower as marked by ! & 2 on the chart. Current price is around R69 1st Target is price below R55Shortby LifesongUpdated 7
JSE:HAR Harmony Lagging in a Strong SectorHarmony is being pulled higher by the sector. However, there has been a significant volume in the stock indicating buying even though it may be lagging gold stock to be bought. With gold on the move, it could be time for Harmony to follow higher. Longby SteynTrade7
Keep Gold mining stock in your watch list!Keep it in your watch list for a 20-25% gain in less than 3 months!Longby Moshkelgosha5
JSE:HAR Harmony Spring?Harmony has had a large pullback but if we look at a lower timeframe we have a possible spring forming. Volume has increased as price reached the previous breakout level. There are better gold stocks to consider but it looks like even Harmony could take the next step up.Longby SteynTrade4
JSE:HAR Lagging in a Strong SectorHarmony Gold has been the weakest of the gold stocks (see post below). Even after good rallies in the other gold stocks, Harmony has still not broken out of the trading range. Even thou it does not seem to be the first choice there is high volume indicating buying and price is getting ready to break out of the range. Longby SteynTrade226
HAR: will the upside price momentum support the trend?Increasing bullish biasLongby Peet_Serfontein1110
JSE:HAR Harmony the weakest of the gold stocksAll the gold stocks are actively being marked up (See posts below) but Harmony is only now starting. It was able to break the above the yearly pivot point and 200 day SMA today only. Anglo Gold ( ANG ) for example has already broken above the accumulation trading range but Harmony is only now completing the Spring and test of the spring.Longby SteynTrade6
HAR consolidationHAR long Consolidation faze expected correction and completion of Cup & Handle Trade signal Longby surecanweight5
HARLooking to buy the pullback , could be to the 50 Fib as we have the divergence already impulse shows completenessLongby TheGreatestMarketAnalyst4
$JSEHAR - D/bottom or b/flag (Hr)JSEHAR - looking at two chart setups, one +ve the other -ve D/bottom, looking for 4410 to be taken out to confirm with TP of 5533 B/flag, 3283 needs to be broken on the downside to confirmby TiggzzPhi6
$JSEHAR - Rectangle back in play$JSEHARs 6% decline the prev session pushed the price back in the 6month rectangle ff the b/o in late Feb 20. I am looking for a bounce this morning with 5864 serving as resistanceby TiggzzPhi8
HARMONYBuying towards QML , bullish continuation flag broke out on resistance.Longby TheGreatestMarketAnalyst9
Harmony gold Breakout $hmyBreaking from Congestion phase. $5.00 upside target Harmony Gold Mining Co. Ltd. engages in mining and exploration of gold. It involves in building mines and open-pit operation, sales and financial management, and land rehabilitation and mine closure. It operates through the following segments: Tshepong Operations, Moab Khotsong, Bambanani, Joel, Doornkop, Target 1, Kusasalethu, Masimong, and Unisel. The company was founded on August 25, 1950 and is headquartered in Randfontein, South Africa.Longby DEXWireNews1115
$JSEHAR Harmony. For the CowboysBig consolidation break today and the share is up 13%. Possible target for this flag is 7600. Maybe wait for a bit of a pullback before entering into this ?? For the cowboys among us only. No position for me, but will wait for dip buying opportunities. Speculative.Longby KoosKanmar119
HAR LongHAR about to shoot the lights out LT Indicators showing Cup & handle backed by market volatilityLongby surecanweight5
$JSE-HARJSE:HAR Posting weekly chart since patter is way to big for daily. Made sideways consolidation over last 5-6 months with top of it been tested on Friday. Break above will bring more upside. What I wanted to point is big cup pattern that is still developing. If it plays out potential target is around R10000by ALSITRADER7
Harmony Gold Mining Bullish Trade the move to breakout level, where consolidation could take place. Upside target $5.81 has nice confluence of Fibonacci levels. RSI has plenty of room to run higher. Company profile Harmony Gold Mining Co. Ltd. engages in mining and exploration of gold. It involves in building mines and open-pit operation, sales and financial management, and land rehabilitation and mine closure. It operates through the following segments: Tshepong Operations, Moab Khotsong, Bambanani, Joel, Doornkop, Target 1, Kusasalethu, Masimong, and Unisel. The company was founded on August 25, 1950 and is headquartered in Randfontein, South Africa.Longby Bullishcharts1149
$HMY Gold - Gold Breaks $1600 level. Great chartWith gold breaking with $1600 level for the first time since 2013 and a small sell off on earnings due to decreased production. Sentiment has changed. 52 week highs look like they will get crushed. Long further out $5 Calls.Longby PeanutBudder3
$JSEHAR Harmony gold back into buying territory?I'm starting to keep a close eye on Harmony Gold. It has retreated almost 30% from the highs printed on the 6th of January this year @ R58.64. The current area at R42 has been a major support level for harmony over the last 6 months with multiple reversals off this zone. What adds some further strength to this level is that we also see the 200 day moving average intersecting in the same area (200 day ma R41.44). The last time Harmony touched its 200 day moving average was back in June last year when the price was at R26! Watch for the stock to consolidate and form a reversal candle off the current support area for a possible opportunity to accumulate the stock for a move higher. Should a reversal take place, shorter term targets are R47, R50 and R53. I would keep a stop loss under R40.00 to protect your capital. Longby MarcoOlevanoUpdated 118