TRANSACTION CAPITAL LTD

TCP JSE

Sbo_Dhlamini

TCP may be gearing for a move higher

VillageTraderZA

This is my second biggest winner at the moment behind distell. Currently sitting at 22.59% profit if my stop is hit. We had a nice bullish flag on the stock. I’m waiting for a close above R38.40 resistance to add to the position with a stop loss at R36.80. Moving my stop to R36.80 increase my profit to 28.7% meaning I will be putting on a 3% position.

VillageTraderZA

Nice breakout again on TCP

AcolyteTrader

$TCP has broken out above the upper band of uptrend channel, had a pullback, retested the upper band and moved higher. There was a nice bull flag setup on the daily chart. Will have to wait for another setup for a long/short pos

VillageTraderZA

TCP makes a new All Time high close today with some good volume coming in

VillageTraderZA

Trade Summary 11 April 2021 Entry: R27.03 Stop loss: R26.5 Risk per share: -R0.53 Quantity: 159.4 Risk ZAR: -R84.48 Risk: -1.04%% The stock has been looking bullish for a minute now. Breaking into higher boxes with relative ease. It broke a significant monthly level as well. The stock is looking to break to a higher box. I’m looking for a close above 3100c then...

VillageTraderZA

Transaction looking very nice

Trader-Dan

- Since posting the idea, Transaction Capital has been in a solid uptrend and continues to delivers the results - Trend is your friend

VillageTraderZA

TCP moving nicel

VillageTraderZA

Transaction Capital moves into a higher box. I'm going to add to my position as a result

VillageTraderZA

TCP finally breaks

VillageTraderZA

Nice horizontal bullish flag on bullish flag on Transaction. There seem to be a tug of war of buyers and sellers of the stock between the 2300c-2600c over the past couple of months. This is a trade I’m in. Im looking for a break above 2600c and I will add into the position.

AfroTez

Trans Cap has produced really good steady growth since mid March last year bringing in 163% share price growth since then. Although temporarily in a horizontal trend, it is still well above the uptrend support line. Its safe to expect the rate of growth to continue if we remain above the uptrend support beyond March.

VillageTraderZA

We nice looking horizontal bullish flag on the stock. Looks like the 2300c-2600c is an area of supply and demand. Looks like there’s a seller at 2600c and a buyer at 2300c. At some point either the seller will run out Transaction shares to sell, or the buyer will run out of capital allocated to the share. At which point the share will break in the direction of the...

AfroTez

Transaction Capital must be one of the biggest winners of the year in terms of share price. After a period of calm, it has started soaring again. On my initial analysis i stated this as one of the staple stocks for growth on should have in terms of JSE stocks especially for long term. At this point we wait and continue buying at the dips.

VillageTraderZA

Nice breakout on TCP entering the trade market open tomorrow Stop-loss 2029c Target 3339c

AfroTez

High volatility of the share price and seems it has rested around the R 22 mark. Previous peak was lower then the one before and this point we hope uptrend support lasts as long as possible to maintain the gradual increase of share price. Nothing is promised though as we know this share price is quite volatile and we could see a cross of the uptrend some time in...

AfroTez

Transaction Capital has almost fully recovered after the Covid dip as it sits comfortably above the R 20 support line. We can also observe the uptrend support line which has been maintained since the recovery began from March dip in share price and hopefully this can continue carrying the share price at hopefully the same pace as previous years pre covid. To...