Could shoprite be flagging for another leg higher? That's a R30 bull flag should it materialize.
Bullish break on daily chart, could take price to 120.
Ascending triangle technical chart pattern on the daily chart; could target 85 if confirmed.
Pennant like technical structure on the daily chart; could break either way; with a potential 1.20 move, either way it breaks!
Long term view points to 1.50 should that H&S technical pattern playout. #Weeklychart
Rounded bottom technical formation breaking out on the daily chart; targets 17.
Price testing a year old trendline support, which is also coinciding the 200dma. Should they both break 100 will be exposed.
BID flagging for a move lower? Measured target is 250 should the flag break.
Price now under 50 and 200 moving average; and today we closed below trendline support. Could that be suggesting more downside?
Price back at major support on the daily chart. Will it hold? Maybe, maybe not. There is also a H&S like pattern developing. Should the support/neckline break, R100 is the measured target.
Head and Shoulder developing on the daily chart, whose neckline is coinciding with its 200dma. Should it break, measured target is below 200.
EOH 'flagging' for a move higher? Looks like it. A break could take us to 12/13.
Seems the previous downside break was a false one; and as some say, "a false break to one side of a pattern usually triggers an extended move in the opposite direction". I'm taking a 'Long' for a TP target above 30.
Double top chart pattern on the 4-hourly. Watching for a break for a move to 1.6450.
Sasol ready for the next move higher? A break of the 235-240 area will open up 280.
Price consolidating between the 50dma and 200dma, on the weekly. Watch out for a break!
Pennant developing on the 4-hourly; Can break either way, with a break to the upside targeting 68, and a break to the downside targeting 59.