NASPERS LTD -N-

JSE

NPN

JSE:NPN is looking promising for a possible upward reversal. The stochastic is currently turning up and it is trading at quite a strong support level which it isn't breaking through. I will wait for confirmation to enter.

The Resistance level of 255942 has lined up with 2 previous resistance levels as before shown by the red arrows drawn. I think a break above this level would signal we headed for new highs, if we reach this level and fail to break above i think we might see a retest at the bottom of the upward moving channel.

Inverted H&S still in play on the daily timeframe. Channel updated following yesterday's invalidation of previous channel. Parabolic SAR and moving average still supportive of a further upward move. ADX to confirm. Could see a retrace back to 3400 level before upward move.

Naspers in a bullish 4hr rising channel. good risk entries are offered here at the R3510 base for a potential move back up to around the R3685 area. R:R 1:3

The strength of the recent price trends is supporting these shares. Calculated over multiple time frames (daily, weekly and monthly). Price momentum is the force behind these share prices that will assist them most likely to continue with the upward price trajectory. Momentum traders bet that the price of these shares is moving strongly upward and will continue to...

A break-out above the inverted head shoulder neck line by year end, could see NPN reach new ATH in the early part of 2020.

A break will open 3640 & 3790 targets. Wait for the break.

Naspers trading in an updward channel heading towards the top of an inverted triangle. ADX, sequential SAR supportive of a bullish move.

JSE:NPN has broken through an ascending support level with a bearish engulfing candle. Looks like a downward move will happen if it is confirmed by today's price action.

JSE:NPN has broken out of an ascending triangle and looks good for a small upward move.

JSE:NPN Consolidating in symmetrical triangle. Wait for the break

JSE:NPN has formed a bearish harami and has broken through an ascending support level. I will enter this short if it breaches the fractal that formed on the candle of the 13th of June.

Looking at NASPERS, we may derive the following from the Daily chart: 1. Price is at the 61.8 retracement level. 2. The candles over the past two days were both bearish, despite having entered back into the daily trend. 3. We are at a backtest of the daily trend - since this is retracement wave. 4. Should we come back down, then the target is the weekly...

Target 34700 for this break.

JSE:NPN has triggered a long position on our trend-following momentum strategy. Be cautious with this one, as it has been going up for quite a while and might be due for a retracement soon.

Keeping the all share index afloat

JSE:NPN has broken through a descending resistance level. I will wait for confirmation on todays price action before entering a long.

The stock price is moving in a series of impulses and corrections , as it nears the ascending trendline. Possible targets are around the 271 330, which represents the bottom of the bear flag pattern. The price has already broken through the bear flag pattern and is moving closer to the target area.