TFGP trade ideas

Sbo_Dhlamini

the foschini group reported great numbers last week and made a bounce on the zone we might see a strong move up

jhwolmarans

TFG hitting resistance at R150. A pullback to R140 possible. A break and close above R150 will be bullish. Trade ideas are my own and not financial advice.

Maboko Updated 

The stochastic has made a bullish divergence while the price consolidated around 130 - 123 range. The MACD has crossed to give a bullish signal.

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Mike_Ledwidge

We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.

LD_Perspectives

Our clients enjoy the benefit of receiving trade ideas in real-time. The JSE Retail Index is at highest level since November. Below are 4 short term opportunities flagged year-to-date, with the BLUE line being the pivot/suggested long entry. TRU - 5254c to 5709c (04-Jan) - Client Only TFG - 12582c to 13305c (13-Jan) - Client Only WHL - 5228c to 5382c (13-Jan)...

VillageTraderZA

TFG Turning back above the 200 day EAM. With a stop loss just below the consolidation traffic

ZA-ANALYST Updated 

TFG 50MA not holding and we could see it test R118. Position is short (talking days here).

Innocentmaponde

If confirmed, this bull flag technical formation says 180. #Weeklychart.

LD_Perspectives

A name we discussed on the trading desk on Thursday at 12794c. Current Level: 12987c - The share has been back-testing the 200-day SMA for the first time it cleared this level a year ago. - The 50-day EMA was lost on 27 August and since then, every back-test has been sold. - 50-EMA now ~13835c, which could act as a target zone should the 200-day SMA hold....

AcolyteTrader Updated 

TFG price has found support at 13300. Price initially pulled back and tested the DEMA200 and has formed a bull flag on the weekly chart. Looking for a close above 13750 to initiate a long position.

AcolyteTrader

TFG price has found support at 13300. Price initially pulled back and tested the DEMA200 and has formed a bull flag on the weekly chart. Looking for a close above 13750 to initiate a long position.

Trader-Dan

- After a period of consolidation the chart has setup for a new leg up - Stochastics have reset and we seeing signs of volume increasing -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:TFG

Innocentmaponde

Stock is up more than 100% in the past 12 month, which makes a pullback (or further consolidation) very likely; but a break of this bull flag structure says 200!

JonathanOtero7f

TFG is forming a base at R150 while making lower highs. A close above R160 triggers the long idea with target at R170 and a stop loss a close below R150

Trader-Dan

- Many of the clothing retailers have run up hard . - Stochastics overbought with divergence - Not a bad idea to lock in some profits here and look to buy in again on a pullback towards R126 -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Peet_Serfontein

Price action is close to the lower range of the linear regression channel, which increases the likelihood of a mean reversion trade back to its mean. A price action above 11599 supports a bullish trend direction. RSI of 45 leaves enough room for further upside price potential. Keep an eye on an expected earnings announcement.

JonathanOtero7f Updated 

TFG showing signs of support at R116 as previous resistance. Below R114 the trade is closed. Target is R124.

Trader-Dan

- Price has returned to the daily trendline support zone and 50 day moving average - This is a good area to add to any long position or to initiate a new trade on any intraday pull back - A daily close below R109 would be viewed as bearish and negate the long bias -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as...