Peet_Serfontein

Peet_Serfontein P

A price action above 11.50 supports a bullish trend direction. Increase such exposure for a break above 12.50. The target price is set at 13.00 (the objective of the falling wedge pattern). The stop-loss price is set at 11.50. Remains a risky trade.

Peet_Serfontein P

A price action above 1760 supports a bullish trend direction. Increase such exposure for a break above 1820. The target price is set at 1870. The stop-loss price is set at 1710. Remains above its 200-day simple moving average, conforming some elements of a bullish trend direction.

Peet_Serfontein P

A price action above 37200 supports a bullish trend direction. Increase such exposure for a break above 38200. The target price is set at 38900. The stop-loss price is set at 36900. A steady upside trend remains intact.

Peet_Serfontein P

A price action above 10.70 supports a bullish trend direction. Bullish confirmation is also applicable above 11.45. The target price is set at 12.30. The stop-loss price is set at 10.05. Remains above its 200-day simple moving average, supporting a bullish bias. Remains a risky trade.

Peet_Serfontein P

A price action above 13300 supports a bullish trend direction. Crossing above 14900 will act as further confirmation of the bullish trend direction. The target price is set at 16200. The stop-loss price is set at 12700. It will appear that a rounding bottom pattern is starting to unfold. Remains a risky trade.

Peet_Serfontein P

A price action above 1170 supports a bullish trend direction. Confirmation for the bullish trend above 1200. The target level is set at 1250 (200-day simple moving average). The stop-loss level is at 1130 (lower range of the linear regression channel pattern). MACD (lower panel) gave a bullish crossover, confirming a change in trend direction to bullish. This...

Peet_Serfontein P

Below 54.00 supports a bearish trend direction. Increase short exposure for a break below 53.00. The target price is set at 51.00 (lower range of the inclining channel pattern). The stop-loss is set at 56.00 (upper range of the inclining channel pattern). Downside price momentum is applicable.

Peet_Serfontein P

A price action above 460 supports a bullish trend direction. Further bullish confirmation for a break above 480. The target price is set at 500 (upper range of the rounding bottom pattern. the stop-loss price is set at 440 (200-day simple moving average). The win/loss ratio is 1.6:1. A rounding bottom pattern, also known as a saucer bottom or a bowl bottom, is a...

Peet_Serfontein P

A price action above 40400 supports a bullish trend direction. Increase long exposure for a break above 41400. The target price is set at 42900. The stop-loss price is set at 38900. Negate the bullish stance for a break below this level. The upward sloping linear regression channel supports a bullish trend direction. Remains a risky trade.

Peet_Serfontein P

A price action below 92 supports a bearish trend direction. Increase short exposure for a confirmed break below 90. The target price is set at 80 (just below its 200-day simple moving average). The stop-loss is set at 100 (its 200-week simple moving average). Negate the idea for a break above 94 (recent tops). Remains a risky trade.

Peet_Serfontein P

A price action above 16000 supports a bullish trend direction. Bullish confirmation is also applicable above 16400. The target price is set at 16700. The stop-loss price is set at 16000. Negate the bullish basis for a break below this level. Recently crossed above key resistance. The win/loss ration set at 1.5:1.

Peet_Serfontein P

A price action above 296.00 supports a bullish trend direction. Increase long exposure for a break above 306.00, which is also its 50% Fibonacci retracement level. The target price is set at 317.00. The stop-loss price is set at 288.00 (support trendline). Like the higher highs and higher lows.

Peet_Serfontein P

A price action above 500 supports a bullish trend direction. Further bullish confirmation for a break above 512.00. The target price is set at 523.00. The stop-loss price is set at 493.00. The price action remains above its 200-day simple moving average. Supporting a bullish trend direction. Start of upside price momentum also applicable.

Peet_Serfontein P

A price action above 134.85 supports a bullish trend direction. Increase long exposure for a break above 137.30. The target price is set at 139.15. Stop-loss is set at 134.20. The pair might be aiming to reach its 200-day simple moving average. Remains a risky trade.

Peet_Serfontein P

A price action above 55700 supports a bullish trend direction. Further bullish confirmation for a price action above 57900. The profit target is set at 60200. The stop-loss level is set at 54200. Remains above its 200-day simple moving average. Remains a risky trade.

Peet_Serfontein P

A price action above 10300 supports a bullish trend direction. Further confirmation for a break above 10700. The target price is set at 112000 or its 23.6% Fibonacci retracement. The stop-loss price is set at 9800. Remains above its 200-day simple moving average. Upcoming earnings make the trade idea risky.

Peet_Serfontein P

A price action above 9.50 supports a bullish trend direction. Further bullish confirmation for a break above 11.00. The upside target price is set at 13.50. The stop-loss price is set at 9.50. Recently crossed above its 200-day simple moving average. It will appear that a rounding bottom pattern might be developing, which can signal upside potential. Trade may...

Peet_Serfontein P

A price action above 148.00 supports a bullish trend direction. Further bullish confirmation for a break above 152.00. The upside target price is set at 156.00. The stop-loss price is set at 146.00 (200-day simple moving average). Fading downside price momentum supports the positive bias.