JSE:PPH is going long based on our momentum strategy. All 3 indicators (stochastic, MACD and EMA's) are showing upward momentum.
JSE:PPH is filling all of the criteria of our momentum strategy for a potential short. If triggered we are looking at a target around the 17.46 level or at the very least the previous low at around 17.50
A short position has triggered on JSE:PPH and is currently showing nice downward momentum. We are hoping to reach the target at 14.70
All 3 of our momentum indicators have turned upwards on $VELOCITY:XJSE_PPH_CFD. If it moves upwards from here our long order will be triggered.
VELOCITY:XJSE_PPH_CFD is showing signs for a potential downward move. All of our momentum indicators have signaled the trade and we are just waiting for the price action to follow. Looking for a move down to the 14.36 level.