AWPEARCE1

AWPEARCE1

Falling wedge on the weekly chart, as well as a falling wedge and divergence with stochastic on the 60 min chart. Stochastic 5 oversold and 14 reaching oversold area .Has been consolidating above the 200 day MA for months

AWPEARCE1

Capitec has broken the current upward channel of a three channel system ( two upward and one sideways channel ) to the downside. The liabilities of the recently acquired Mercantile Bank might prove to be to much in the current messed up economic environment.

AWPEARCE1

The Foschini Group has been one of the better performing stocks of late. It has however broken the upward wedge trend downward and ATR giving a sell signal. Stochastis still have a lot of space downward. Currently still in a sideways channel, and when broken to the downside i will enter trade. Fundamentally i can not explain this action other than a result of a...

AWPEARCE1

Stochastics are oversold and the ATR is showing a buying opportunity. Stock price bullish with its return to profitability

AWPEARCE1

Although there is a bullish trend, stochastics are overbought. They are also reaching a bearish pullback zone, and are on the top of a small downward trend line. Will assume that the gdp figures are going to dissapoint

AWPEARCE1

Small exploration company moving into the energy sector regarding natural gas projects , and has also now signed a coal deal with a Mozambican power station. Taking into consideration the vast oil and gas fields that are to be realised in the north, this is a cheap although non-liquid stock, watching the breakout of the darvas box this company could go places. A...

AWPEARCE1

Stochastics nearing overbought position. Price action is moving sideways in a range between576 and468. There is still more momentum upwards to the 554 level. Xmas holidays will surely see to that. Thereafter i see a possible Head and Shoulder forming, and if it plays out could go to 364 for a temporary pullback, and a nice place to re-enter.

AWPEARCE1

Grammaphone formation risky, however it is within a downward channel. I can see upside to the 200 day MA. It is a long term punt, there profits have dropped due to low occupation rate of beds. COVID ALSO WILL PASS. Mediclinic in pretty much the same boat, the difference being that NTC are now going to start focusing on day clinics.

AWPEARCE1 Updated 

Production up 45%, Consolidation almost over, i also believe that the rand will start weakening again. Expect further pullback to the closure of the gap, and maybe a bit further to the bottom of the trendline. This will be a good time to buy with maybe a short stop loss if you are into that kind of trading. Stochastics are almost all on oversold levels.

AWPEARCE1

The chart explains itself , and one wonders what the future may hold

AWPEARCE1

both my short term and long term stochastics are overbought, Think it is time for a correction. 1st target the 50 day MA, 2nd target the bottom of the upward trend line, 3rd target the 50 day MA on the weekly chart

AWPEARCE1

Stochastics oversold. Bottom of slightly ascending channel. China has one of the few growing economies, and the news regarding the ANT IPO surely to improve. I am buying at 56.44, stop at 54.99 and targeting 60.05

AWPEARCE1

Stochastic showing further upward potential. Short term down trend line has been broken. Positive bullish Hammer on previous day candle. Continuation of longer term rising channel. I Am buying at 326.57, stop at 314.41 and targeting 371.21.

AWPEARCE1

Stochastic shows oversold. Candle is above the 40 day MA in a very long sideways channel. Speculators are reducing their shorts . I am buying at 107628, stop at 105892 and targeting 110389

AWPEARCE1

I Dont think the lockdown will have a major effect, and i am going to take a punt at it. We are in a long upward trend and the stochastic is still pointing upwards, I am buying at 136.123 , stop 134.413 and targeting 140.262

AWPEARCE1

Stochastics are over bought. if double bottom pans out rewards are high. Then there is also the odd lot offer in play .I Buy at152.95 , stop at 152.70 and first target is 180.49

AWPEARCE1

All the signs point to a movement upward. Stochastic has room left to the upside. I am trading this one more on feel than analytics. I am buying at 52160, stop 47313 and targeting 58740.

AWPEARCE1

Stochastic overbought. Following MA50 sideways since may. Strong bearish engulfing candle. I am selling at 6329, stop 6644 and targeting 5685