Ramaliar, the president of South Africa claims he'll bring healthcare, land, economic growth and halving or elimination of crime. Watch this stock fly as a result of these bold claims which have no basis in reality.
We're looking for high probability upside continuation out of Cartrack (JSE) shares in the coming weeks.
Three security stocks interest me at the moment: MIX, Cartrack and Allied Electronics. Investors are thinking 6 months out when it comes to price discovery. This indicates a pessimistic attitude with regard to unemployment and crime rates going forward.
For a while at least. But we know why: Fib Spirals
To wit, Distell owns 5 South African Alcohol brands that ARE NOT GOING ANYWHERE: - Savannah (Cider) - Hunters (Cider) - Amarula (The world's most beloved African Cream Liqueur) - JC le Roux (Sparkling wine) - Klipdrift (South Africa's most famous Brandy) This is besides the wines and whiskeys in Distell's portfolio. The gap has been filled. We are riding above...
The FIb spiral must be broken to initiate a new up-trend
But for how long? Possible bounce included according to TD indicator
What if Willie Woo and others who have called the bottom are just plain wrong? What if this is the REAL Parabolic chart? Let's see how this plays out.
Fib Spirals are tricky to implement because of the many ways they can be subjectively arranged, yet the fractal nature of this pattern seems undeniable.
Will it be as soon as this week?
Everyone and their mother is a bull atm ... But why are AMD and NVIDIA stocks tumbling if a new bull market is in the offing?
Cartracker has just flipped bullish on the weekly time frame, with Kumo twist in the offing and with the TD indicator showing a potential 8 more months of upside. This is the picture of a country whose crime problem is literally out of control due to a reverse racist government under the African National Congress (ANC) led by the ever sly and calculating Cyril...
With the glut of wine on the SA market, Distell is poised for higher highs as it looks set to benefit from a buyer's market. A great buying opportunity according to the 4 hour candle. Price is responding exactly the way we want within the bullish channel.
Clear overbought conditions on weekly chart... (Activates tonight)
Will the likes of Suppoman and Haejin Lee fall flat on their analysis?
Self Explanatory
Inability to crack the 8000 mark convincingly could be a sign of bearish exhaustion. Lambo bunnies, Moon monkeys and get-rich-quick dolts will likely jump ship...
Pretty self-explanatory.