KoosKanmar

KoosKanmar

The puking sea turtle formation is a result of the ecosystem of the turtle that becomes toxic and as a result poisons the turtle. This can be a slow painful process for the turtle and all the codependent little sea creatures in this ecosystem. Sometimes the sea turtle survives this ordeal but codependent sea creatures are usually left scarred with psychological...

KoosKanmar Updated 

A smaller inverted head and shoulders with a first target of 10500 (reached) has now made way for a larger head and shoulders with a target closer to 12000. Neckline break 10500 will confirm.

KoosKanmar Updated 

It looks like we have a bullish pennant breakout. Expecting some resistance at 1650 on the breakout, but if overhead resistance 1650 is broken, the next target could be 2000.

KoosKanmar Updated 

Top of channel broken and first target now ZAR14.70 to the USD. Next target after that 15.70

KoosKanmar

Channel break and close to 1470 first target. Some Turkish Lira volatility driving force behind current emerging market currency weakness.

KoosKanmar

Break below 14100 neckline opens 13100 and 12400 targets

KoosKanmar Updated 

10400 neckline break opens 11100 target.

KoosKanmar

Still looking set to reach second target 12900

KoosKanmar Updated 

Consolidation to follow after a good run by the bulls.

KoosKanmar Updated 

MTN posted a very good set of results today. First target seems to be around 8900. If that point of resistance is broken, we could move even higher to 9900 & 10600. One target at a time in this market.

KoosKanmar Updated 

The gap at 17800 - 18800 could become the target for bears after the recent bear flag break.

KoosKanmar Updated 

Just a warning on this one. Low liquidity means you have to adjust you stop loss for wild swings. You also must be willing to keep the position for a long while to achieve targets.

KoosKanmar

Missed investor expectations Rising wedge with negatives divergences Naspers will follow this one like a shadow

KoosKanmar

Crazy as it seems at these lofty levels, this look like a bull flag break with a target of around 58k. Overhead resistance also broke with a retest of support on a shorter time frames. 1000pts to go.

KoosKanmar Updated 

After a failed first attempt now making a second attempt at the neckline of an inverted head and shoulders. Targets on chart if it succeeds this time around.

KoosKanmar Updated 

Break of 11100 neckline will open 12100, 12900 targets

KoosKanmar

Breakout target reached

KoosKanmar

Will top resistance hold ? We will have to wait and see.