ALSITRADER

ALSITRADER

JSE:NPN Testing trend line that started in October 2018. Break of the trend line will only bring weakness into stock.

ALSITRADER

JSE:SPP Made massive inverting hammer on hourly chart today. Many traders rushed to buy yesterday after OK result. Good place to short in my book with SL =20300

ALSITRADER

JSE:BHP Is hitting resistance, break above it would be good long.

ALSITRADER

JSE:HAR Published results this morning and it is up 3%. Strong resistance in 31/3150 area. If it breaks above will broke from 2 years long consolidation and target for the move will be around 4500 Watch closely

ALSITRADER Updated 

JSE:AMS Weekly chart with inverted head and shoulders. Neckline held few times on back test. Long here with stop loss at 43000 and target around 80000 looks as a great trade. This is weekly chart so one must be very patient with development.

ALSITRADER

JSE:TFG Making big flat bottom triangle on daily. Get ready for break lower.

ALSITRADER Updated 

JSE:SPP Very important level around 18800, if broken will open 16600 as target

ALSITRADER

JSE:SAP Breaking flat bottom triangle. Target around 6200 where gap is still open.

ALSITRADER

AMEX:EEM Double bottom in place, confirmed looks like more upside coming all the way to 46.50

ALSITRADER Updated 

JSE:BHP Made double bottom @28000 with conformation @29200, target 30400 Neckline been back tested now.

ALSITRADER

JSE:SHP Busy making flat top triangle. Break above 16500 will open 17400 as first target and maybe even gap close at 17800 as second target

ALSITRADER

JSE:NPN Making bullish flag after trend line has been tested. Break above 3060 will open 3160 as first target and probably 3260 as second target (around down slopping trend line)

ALSITRADER

JSE:SBK For resistance/support traders long $JSE-SBK here SL = 18100 FT =19500 ST = 20300/20500

ALSITRADER

JSE:MRP Flat bottom triangle, still not confirmed but once it does lots of downside possible

ALSITRADER

JSE:VOD Trying to break consolidation to the downside. If it brakes target is around 10000

ALSITRADER Updated 

JSE:IMP moved strong last few months. Bullish flag reached target. Currently consolidating in sideways range. Thursday candle is nice bullish engulfing bar for traders who want to be aggressive. If not you wait for the close above 3800. Target is 4800-5000 range

ALSITRADER Updated 

JSE:WHL Sideways consolidation inside small box after big drop few days ago. This look as continuation pattern. Break bellow 4900 will open 4700 as first target and 4400/4500 area as second target

ALSITRADER

JSE:J212 Two days ago tried to break above strong resistance. Didn't make and today making big engulfing bar. This should go "From false move comes fast move"