JonathanOtero7f

JonathanOtero7f Updated 

BID has been stuck in a range bound rectangle between R280 and R288. However, R276 has been a level it hasn't been able to break. A close below R276 triggers a short idea with R264 target. Should it trigger a stop loss would be a close above R280

JonathanOtero7f Updated 

EOH has made a significant pullback since its massive 3 day rally back in June. It's gone sideways for almost 2 weeks now with R5,20 been the level of resistance. A close above R5,20 would trigger a long with R6 been first target.

JonathanOtero7f Updated 

Close above R165 triggers long idea. First target at R175 and second target at R190. Below R155 short term down trend continues.

JonathanOtero7f Updated 

Bear flag will be confirmed once price closes below R850. First target is R800 and 2nd target is R660. Wait for confirmation, otherwise price could start going sideways here.

JonathanOtero7f Updated 

R150 has been a big level on SOL of late. A close above this level would trigger the long idea. With previous highs as target (R180).

JonathanOtero7f Updated 

TKG close above R34 would trigger a long with target R37 and second target at R43

JonathanOtero7f Updated 

Close above R60 triggers gap close at R62 and further gap at R76

JonathanOtero7f Updated 

Break of the flat above $840 targets $860 first. Next level of resistance at $900.

JonathanOtero7f

The Rand has being consolidating for almost 2 months now in a very strict range of 9.90 and 10.20 however the rectangle formation (consolidation) has being broken below 9.90 and now we can expect further downside. Measuring the lowest and highest level of the consolidation pattern gives us a projection towards the 9.50 levels. Adding to my view is the 20 and 50...

JonathanOtero7f

The pair has being very consistent with the ascending triangle pattern having hit the lower ascending trend at 5 points and the upper trend (resistance level as well). Once the triangle has being broken through, the expectation is for the pair to reach the 0.87500 or 2.05% gained from its resistance level. I have also added the ROC momentum indicator which follows...