After consolidation comes expansion. Watch Zeder for a test of 275 support. If that support hold, it should be very bullish for this share. Stick to a stop loss if it break convincingly back into the channel.
Rejection at the bottom of the channel and channel player scan add some in anticipation of another test of the top of the channel 400- 430 in the future. Stop loss below channel break 250 on the daily chart.
Reinet has move in a slight uptrend since Nov 2020 and has hit resistance around the 29200-29300 levels five times. If it continues to challenge this level and breaks it, 32200 and 33000 could come into play. Slow mover this, but a good addition to a diversified long term portfolio.
SOHU results surprised to the upside and broke from it's consolidation channel. A target of $24,50 - $25 looks likely.
For those looking for a good mix of cannabis (no put intended) shares. This could become mainstream with institutional adoption and part of a balanced portfolio.
Gold is still stuck in a down channel, but a test of $1850 looks very likely. That level needs to be breached with some momentum to the upside before I'll start getting interested again.
Target for this flag break is $50. I have a position.
Big announcement by Tesla. They bought $1.5 bil of BTC and will start excepting payments in BTC soon.
Great looking bull flag break on Friday in a very unloved sector. Targets 861 and 916. I have a position.
Possible neckline break at 4340 level on Friday. This could be an inverted head and shoulders neckline break with a target around the 6500 level. Keep and eye on that 4340 level. It needs to hold. Bullish looking chart.
Nedbank made a strong move on Friday, and although this chart is open for interpretation, this could either be a pennant break to the upside, or a bullish looking flag building. Either way, 16500 looks like a possible future target.
$33 might offer some clues, but as always very difficult to determine where this will eventually end up. Very speculative. Don't play what you cannot afford to lose in this market.
Omnia seems to be consolidating in a pennant formation. Keeping an eye on this one. Break from of this pennant to the upside would be bullish. Neutral for now.
Zeder consolidation between 275 and 256. A break above 275 could open 320 and 340 targets. Waiting
Important for PIK to claim 5670 overhead resistance to open a 6150 target
"Hoping" for a inverted right shoulder to form from this and then a neckline break on this weekly chart. Waiting
Quite a powerful force. I recon regulators will have their hand full in containing this new phenomena on social media.