NASPERS LTD -N-

JSE

NPN

Pivot open in this range or higher shows some more consolidation Looking at buying dips on this one Keep an eye on volume want to see selling volume dry up

JSE:NPN Made nice rising wedge, with negative divergences. Hit big resistance. Made nice big engulfing bar. HKEX:700 results look very bad. Time to sell?

End of week 12Apr19. Another great week for #Coronation & #Naspers. FTSE/JSE Allshare Top5 oversold/overbought according to 14day RSI indicator as follow: Oversold: Afrox 22 Sun Intl 28 WBHO 30 Nampak 33 Capco 34 Overbought: Coronation 81 Naspers 76 Kumba 72 MultiChoice 71 Santam 71 Spending a bit of time on Naspers. What a great year $JSENPN (YTD...

JSE:NPN has shown a dark cloud cover, which often signifies a trend reversal, so I will enter short. However, it has been in a very strong uptrend for a while, so I will trade with caution in case it continues upward.

A big bearish engulfing candle forming on NPN. Could result in some weakness creeping in. Target would be gap close around 3390 on engulfing confirmation by the end of today. Wait for daily confirmation.

There's been a pennant forming within a bearish trending channel. I am thus expecting that if there be a breakout off this pennant, we will enter with the sellers at 305869 Price level. I am only looking to sell, if the price breaks off the resistance of the trending chanel, I am not part of the move.

With the local ZAR currency weakening due to political and economic uncertainties, there's an opportunity to go long in a global company like NPN.

Will top resistance hold ? We will have to wait and see.

Could see consolidation down from here.

JSE:NPN Making rising wedge, if it breaks down it will test low from October 2018.

Nexon Co. generates +/- half of it's sales from China, where Tencent distributes its popular game Dungeon & Fighter. In a statement released yesterday, they mentioned that they expect revenue from China to drop by double-digit percentage this quarter, contributing the main reason to the months-long freeze on new games. This drove Naspers down today to a key trend...

JSE:NPN Testing trend line that started in October 2018. Break of the trend line will only bring weakness into stock.

JSE:NPN Making bullish flag after trend line has been tested. Break above 3060 will open 3160 as first target and probably 3260 as second target (around down slopping trend line)

TP = R2800, SL = R3100

JSE:NPN has shown a bullish harami which is a strong reversal signal. This pattern formed at a previous resistance level which strengthens the signal. We can expect a downward move as the stochastic is also turning. If all goes well, w can expect it to go all the way down to the support at around 280000 and we will exit the trad if it breaks through the...

What worries me about this move higher since bottoming at R2362 is that the volume profile has been declining. Normally a bottom will see an increase in volume. this is a weak move formed to stop out the weak hands (shorts) in the market. Also if you plot your shorter term moving averages, 20/50/89/100mas they are all trading below the 200dma which is again...

Rising wedge developing on the hourly

JSE:NPN Tried to break and close above 3000 resistance but this morning pulling back. Big negative divs on indicators. Probably will go the test bottom of the range