Pause For Implats?Pause For Implats? - Monthly Chart: During October 2008 and June 2013 we saw the price price support at around R95 to R100. During this cycle the price is re-testing these support levels with the price, on a short term basis, finding sellers at the 104 to 107 level. We may now see a scenario where the prior support turns into a temporary resistance zone.by LD_Perspectives5
JSE:IMP Major divergence for short term reversalWith the recent bull run slowing down, the RSI has been diverging away from price indicating short term reversal. A break below might target 50% fib. RSI is already below 50 Shortby TheBrokeTraderUpdated 5
The Top 5 shares with the strongest bullish trendMeasured over daily, weekly and monthly time frequencies The universe is the constituents of the JSE All Share index. All resources!Longby Peet_Serfontein12
IMP RSI Divergence indicatedIMP Possible short brewing RSI in Divergence not agreeing with indicators IMP in overbought territoryShortby surecanweight5
IMPALA: Greatest Stock to Follow Upcoming Plat RunThis is one of the best performers and undervalued stocks that follows platinum quite well and has 400% to grow over the course of the next 2 or 3 years. The current chart analysis clearly shows a long swing up with an eventual slight correction at the top of the trough (around 9.00 and change) before soaring later in the year and towards next year. DPO, RSI, Mom, Vigor and bullish volume continues to rise. - zSplitLongby PaulDeep1913111
$JSEIMPIMPALA PLATINUM seems to be forming a top, the WEEKLY RSI is oversold but is not pointing down yet. We are watching for more confirmation to enter a SHORT position with a target at the next support level around R70.00by TraderBrett8
IMP - Impala Platinum Looking to go to R90 target.IMP is trading back above its 5day EMA and looking to resume its uptrend after a 2 month consolidation between the R70.00-R80.50 zones. Longby T2TWELLUpdated 5
$IMP Impala Platinum - Bear Flag Formation (Short Term View) 60-min chart: Price breaking below channel support, potentially setting up a bear flag. This coincides with a rejection of the hourly 200-simple moving average. Further confirmation is weakness below 7470c. Support and possible target of around at 7089c to 7160c. JSE:IMP Shortby LD_Perspectives5
$IMPU IMPALA PLATINUM BOASTS PROSPECTS. Impala Platinum (OTCQX:IMPUY -1.7%) said that higher realized rand platinum group metals price, improved operational performance and higher sales volumes have contributed to increase in its fiscal gross profit.The company expects to report gross profit of R6.8B, compared with R1.1B last year; anticipates headline earnings of between R2.92B - R3.16B and headline EPS of ~406c - 440c. The company will publish its results on September 5. Source Seeking alpha. Longby OTCMarketsExpert7
JSE:IMP Impala Testing the Top of the Trading RangeAfter a great run, Impala may be exhausted (See post below as we followed it on the way up). Now it has formed a smaller TR at the top of the larger TR. The smaller TR looks like distribution and could indicate that price can start moving down again within the larger TR. Divergence on the volume RSI points to selling pressure and high volume down could indicate an upthrust (UT). Price could possibly range at the top for a little longer but possibly we are looking to a break lower. Shortby SteynTrade5
IMPLATS- Waiting for a kiss goodbyeImpala Platinum certainly has been on a tear since October last year with hardly any pull-back in between. Having broken above a "top resistance" level on the weekly chart, it appears the bullish sentiment is set to continue. I think the next dip can be bought and I have orders in the market at (and just below) that break-out zone. My momentum indicators and RSI are still looking strong so my only hope here is that I don't MISS!Longby RobbyP117
$JSEIMP - On the verge of another breakout.#Impala broke out from a key level (70.00) and is now looking to breakout even higher (73.00)Longby Trad3r_16224
IMPALA PLATINUMIMP H4 Reasons For Entry : - Bearish Channel - Leg "D" dueby TheGreatestMarketAnalyst2
Impala Platinum: Short Term Outflows Impala Platinum: 'Money Flow' indicators suggest short term outflows for the share. Specifically, the trend line support going back to 26-Oct-2018 has been breached. Price possibly over-extended in the ST, trading 92% above it's 200-day moving average. RSI also at risk of breaking down. Would wait for a deep pullback to re-enter if you are looking for a long possible. Bottom line: can pull back in the short term. by LD_Perspectives3
JSE:IMP Impala in Wide Trading RangeImpala has been weaker than the other sector stocks (Platinum & Precious Metals Index (J153)), for some time (see Comparative Relative Strength). However, recently the stock has shown strength and is the strongest stock in the sector. After a Selling Climax (SC) and Automatic Rally (AR) in 2016 there has been significant selling pressure (OBV) but price has not been able to break the SC lows. After a smaller Trading Range (TR), break out and backup (Flag on daily) we are potentially going to see a markup to the top of the TR at around 7000. However, the first target to watch is the Yearly Pivot Point which is also the Preliminary Support (PS) level at 4000 (Completion of the flag). There is some space in the TR for longer term trades.Longby SteynTradeUpdated 4
IMPALA PLATINUMThis stock has been bullish for a while now, its hit the support/supply zone and thus I am anticipating a pull back of either 50% or 38.2% FIB Retracement , that will be giving us "B" then we have "C" thereafter. You may sell the pull back but base your entry and target on smaller timeframe and also you may set buy limits for when it reaches the 50% Fib level and put your SL at the 61.8 Fib Level.by TheGreatestMarketAnalyst4