Likely target for this bounce off support is $1770
Target IF we remain above 276c today is 334c. Speculative buy.
After a period of expansion, this share is now consolidating a bit. I'm watching 716 and 780 levels for a possible move to 950. I won't be buying while this share is consolidating. This is just one to watch in the future.
Multichoice announced a deal with Netflix and Amazon prime and this seems to be welcomed by the market. A nice break of 9800 can now lead to targets 1350 & 12070. A break and daily close below 9800 would trigger a stop loss.
I would wait for a bit of a pullback closer to the 1050 level before entering. Today's move was too large to chase in my opinion. Targets 1280 and 1500 if this works out. Stick to stop losses. Market has been moving very strongly this week and a bit of a pullback is imminent.
Possible targets on this breakout is 8900 & 9800.
This looks like it might be start forming a head and shoulders. The right shoulder is incomplete. The reason for the forming is mostly due to a weaker USD, and also in a smaller part because of a little weakness in this index. This is not a sell signal, just a heads up. I have no position, but am looking at this ETF for weakness as a starting point to get into this ETF.
I never saw this coming and would never have believed it, but there you have it. Perfect V -shape recovery. Hindsight is 20/20.
Supergroup has formed a base that is looking rather bullish for a move higher. Lookout for a break of 1744 for targets of 1927 & 2218 to open up.
Old Mutual made what looks like a flat top triangle break with a retest of the 1250 breakout level. Targets remain 1440 & 1550 for this share.
After a good selloff to a channel support level on the hourly chart, this might be worth a speculative punt for a price target in the 400 - 420 range. A break on the daily chart out of this channel will trigger my stop loss.
This share has been consolidating for a while now in what still looks like a bull flag. Wait for a breakout of the flag pattern for targets of 4750 & 5088
Old Mutual broke the uptrend channel today after a pretty dismal trading statement yesterday. We might be going down to test previous lower levels 980, 930
This zone indicated in pink between 48-49 is going to pose a problem for bulls going forward. It's going to take a lot of momentum to get through that area. Expect a lot of resistance.
UDSZAR might find some support around the R17,20 levels. Could get a little bounce off those levels.
MTN broke out of this channel for a second time, retested the channel break, and is moving higher. This is usually a bullish signal. R66 is the target on this one.
After an extended period of consolidation, Gold looks set to continue to run to targets 1800 & 1844
Looking got a $1000 target sooner rather than later.