AspenAspen coming for a retest of previous support (now resistance). Will it push through that resistance and the 200dma just above it, to re-establish the uptrend? by Innocentmaponde3
Aspen's CupThis is clearly a Cup and Handle pattern completing here, we are in the last staes of the handle formation. The weekly trendline was broken and the handle gave us a good retest. I'm anticipating a bullish run from here going forward.Longby KatlehoThaba0
ASPENAspen the R175 level has to hold for it to recover an move higher to the R220 and the R255 levelsLongby Sbo_Dhlamini3
APN - Descending triangle breakoutJSE:APN has broken out of the bottom of a descending triangle and is looking good for a short position.Shortby RossLarter2
Aspen, worryingWatching JSE:APN closely, interested in seeing today's close. Will it manage to stay above the 200EMA, or it'll close below it? Not interested in a long position below that level.by Trend_Trader_JSE1
ASPEN - Still in the ambush zone- APN has been consolidating within the 0.5-0.618 retracement zone of the last leg up ... - A break and capture of either 218 (long side) or 202 (short side) will open up another trending move -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Longby Trader-Dan222
ASPEN Retest Support LevelsAspen price ranging at resistance level could indicate a potential strong buy. We also have a bullish flag setup which if broken upward(resistance) will confirm a swing buy opportunity. Longby Thapelo_Khubayi2
APN Bouncing on critical ResistanceAPN wedge pattern and critical Resistance if broken could be a start of a bear market for Aspen time will Tell. stop loss not a bad strategy to have here.by surecanweight1
APN (D)APN is currently at a critical juncture ,the 200ema is acting as a support (must remain that way to be positive). A falling wedge is also visible Volumes are High and a breakout above the top pink line could take APN back up to 25000. Earning are due to be published shortly too.by paraujo2
@VillageTraderZA - Hold the 200 day EMA Aspen $APN Hold the 200 day EMA gaps through the R211 support. I covered this trade on last week's stocks in play. Great Risk Reward trade. With a stop at R200 targeting R275Longby VillageTraderZA2
@VIllageTraderZA Buyers win the tug of warBuyers win the tug of war at the 50 day EMA. I raised my stop loss to 210.73 reducing the risk to -0.93% from -1.19%Longby VillageTraderZA1
Aspen JSELong-Term Investment Idea Long-Term Investment Idea Long-Term Investment Idea Long-Term Investment Idea Longby Loftey1
Bullish Engulfing on ASPENJSE:APN has formed a bullish engulfing candle pattern with yesterday's price action. This is a bottom reversal signal and we could potentially see a bit of an upward move from here.Longby RossLarterUpdated 2
Aspen Pharmacare - R230 Target ExceededAs stated on 11-Nov (see attached): "PROVISIONAL level of interest 20400c to 21200c for a swing buy to re-test near the pivot or back up to the 23000c zone." Found support exactly at the 0.618% retracement level. Now trading around R237.70. May find MODERATE resistance R239-242. For more insights and real-time ideas (most time frames), get in touch today. by LD_Perspectives3
Aspen Pharmacare- Share off sharply since last sell call at 27341 on 29 September, declining by 21% to the last close of 21593c. - Now trading in 50-61.8% retracement zone. - PROVISIONAL level of interest 20400c to 21200c for a swing buy to re-test near the pivot or back up to the 23000c zone. by LD_Perspectives4
Aspen Pharmacare: Now Down R30Now down R30 from my recent 'final' sell on 29 September (day of year-to-date peak) at 27341c. Timeline below, with (recent 'final' sell attached, and all other buys/sell attached to that): 14 April - Long Idea 28 May - Long Idea 16 August- Reduce 40% 10 September - Reduce next 40% 29 September - Reduce remaining 20% For more real-time insights and trade ideas, get in touch today.by LD_Perspectives1
Update #3: APN. Using Strength To TrimNow trading 27341c A update from my Q2 medium term buy/long idea. Using strength to trim. I will revisit this as a long on a pullback (level to to be determined). Timeline below, with (all original updates attached): 14 April - Long Idea 28 May - Long Idea 16 August- Reduce 40% 10 September - Reduce next 40% 29 September - Reduce remaining 20% For more real-time insights and trade ideas, get in touch today. by LD_Perspectives113
ASPEN - Goes Parabolic - Aspen has clocked a 108% rise year to date... amazing for this large cap player in our market by Trader-Dan2
Aspen on the goThe R240 has been an area of strong support and memory in the past. The market didn't have much respect for this level recently, only testing a few times and powering through closing on Friday at R249.77. I moved my stop loss to R218.18 raising my profit on the trade from up 15% to up 20%. I will be adding to my position. Putting on a 3% risk because the profit on this trade is now sitting at +20%Longby VillageTraderZA4
Update #2: Aspen Pharma - Using These Highs To Further ReduceFor traders who held onto APN, it's been a great medium term trade. Our initial long at R147.14 on 14 April and then follow up long at R163.58 on 28 May. Recently (16/08) I mentioned using the highs of 18692c to reduce some (40% of position). Today, at 22000c, it may be prudent to use these highs to continue reducing (potentially another 40% of the medium term trading position). The two original ideas as well as the recent update has been attached. Well-done to all who got aboard this move. For more insights and real-time trading ideas, whether retail/individual or industry professional, get in touch today. by LD_Perspectives112
Aspen Moves to the higher boxThe stock tested the doors of the higher R189 – R200 box on Friday but closed back below R189. Today it moved decisively into the higher boxLongby VillageTraderZA3
Long idea on APNPrice action of keeps breaking to new highs. There have been quite a few opportunities to buy in previous weeks but fortunately for buyers there is triangle setup forming for yet another long opportunity. Remember bull-markets don't last forever. LT Limit @26500 will be adding to this trade at 20400. Always remember to manage your risk.Longby AcolyteTrader2
Aspen Pharmacare: Using These Highs To Trim (Some)For clients who held onto APN, it's been a steady medium term long. Initially at R147.14 on 14 April and then follow up long at R163.58 on 28 May. At these highs of 18692c, I think medium term traders could trim (say 40% of position) or raise raise stop losses if you think more gains are at hand. Anyway, I'm a fan of using sunny days to sell...or reduce in this case. by LD_Perspectives5