Innocentmaponde

Innocentmaponde

Double top technical pattern developing on the daily chart; which will be confirmed by a break of the 220 support/neckline area. If confirmed I'm looking at 130c as possible 'short' target.

Innocentmaponde

Nice break on ABSA, may target 190 next. *We are still in volatile times, apply a strict stop loss regime

Innocentmaponde

Price on trendline support. Could be worth a buy here for a short term move to 100.

Innocentmaponde

Looks like a triple top pattern developing on Tesla. 200dma has been lost; and I would 'short' a break of that 780ish support level for a possible move below 500!

Innocentmaponde

1600 'short' target exceeded, original idea below.

Innocentmaponde

A bullish breakout on Hulamin 2 days ago. The stock has been consolidating for at least the past 6 months. But given we are in an era were breakouts are failing, it remains to be seen if this one will hold!

Innocentmaponde

Absa has bounced off this support level before; will it this time? Its the level that's coinciding with the 200dma, so it must hold for the uptrend to remain intact.

Innocentmaponde

SIBANYE seem to be turning bearish. A bearish Head & Shoulder pattern on the daily chart which can target 40!

Innocentmaponde

Price bouncing off support there. Buyers need to regain that incline resistance (around 340c), together with the 50dma just above it; to get this thing going again.

Innocentmaponde

Previous support turning into resistance on Aspen. The measured target of that descending triangle is below 130! *My previous idea on the link below

Innocentmaponde

The share was ex-dividend last week, and that how we ended up with that 'dividend gap' there. Technically, these gaps usually get filled. Interestingly we also have a gap to the downside, roughly between 140c and 148c, that was never filled. As for which gap will be filled 1st, there is no way of telling. Overall, for buying purposes, I'm provisionally looking...

Innocentmaponde

Looks like goldfields is flagging for another possible move higher. *Levels (entry, TP) exclusive to clients.

Innocentmaponde

Looks like a Head & Shoulder developing on the daily chart. 1200c neckline support has to hold; otherwise it may be an ugly move to 900c and below.

Innocentmaponde

Here is a bit of a skyscraper view on EOH, showing both incline and horizontal levels buyers need to break to get this 'thing' going again. #Weeklychart

Innocentmaponde

MTN dipping below incline support yesterday. Price now at the previous breakout level, which is also the same level as the 'buy the dip' 100dma. Should this level fail, next support is around the 200dma, which is the 150ish level. *Just observing for now.

Innocentmaponde

Falling wedge pattern developing on the daily chart; watching for an upside break. *Levels (entry, TP) exclusive to Unum Capital clients.

Innocentmaponde

Netcare building a good base on the weekly; looks like a Cup & handle chart pattern. 17ish is the area to break to confirm it!

Innocentmaponde

Pennant technical structure developing on the daily chart; needs to break the 980c-1000c level to get going again.