Peet_Serfontein

Peet_Serfontein

A price action above 188.00 supports a bullish price action. Crossing below this level will negate the bullish stance. Increase long exposure for a break above 194.00. The target price is set at 200.00. The stop-loss price is set at 184.00. Testing its 200-day simple moving average, which might act as major support. Bullsh divergence is also notable (see the lower panel).

Peet_Serfontein

A price action above 8550 supports a bullish trend direction. Crossing below this level will be the first sign of some weakness. Increase long exposure for a break above 8710. The target price is set at 8960 (its 38.2% Fibonacci retracement level). Might see an overshoot to its 200-day simple moving average. The target price is set at 8300. Remains a risky trade.

Peet_Serfontein

A price action above 245 supports a bullish trend direction. Increase long exposure for a break above 250. The target price is set at 260 (its 50% Fibonacci retracement level). This level is also at its 200-day simple moving average The stop-loss is set at 235. The consistent recovery in price movement makes this ETF a compelling choice for traders seeking opportunities.

Peet_Serfontein

A price action above 128.00 supports a bullish trend direction. Increase long exposure for a break above 139.00 (its 50% Fibonacci retracement level). The target price is set at 152.00 (just above its 61.8% retracement, which is also close to its 200-day simple moving average). The stop-loss is set at 117.00 (is 23.6% Fibonacci retracement level). Remains a risky trade.

Peet_Serfontein

The 200-day and 200-week are acting as major pivotal support. A price action above 197.00 supports a bullish trend direction. Increase long exposure for a break above 201.00. The target price is set at 206.00. The stop-loss price is set at 192.00. The MACD (lower panel) confirmed a bullish crossover and might support the stock in some upside price potential.

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A price action below 152.00 supports a bearish trend direction. Crossing below 150.00 might trigger further downside potential. The target price is set at 144.00. The stop-loss price is set at 157.00. Crossing below its 200-day might trigger and support such a correction.

Peet_Serfontein

A price action below 360 supports a bearish trend direction. Increase short exposure for a break below 340. The target price is set at 310 (its 61.8% Fibonacci retracement level). the stop-loss price is set at 380.00 The M-top pattern might hint as some temporary weakness in the share price. Remains a risky trade.

Peet_Serfontein

A price action above 0.6540 supports a bullish trend direction. Increase long exposure for a break above 0.6590. The target price is set at 0.6670. The stop-loss price is set at 0.6460. Further confirmation for a break above its 200-day.

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A price action below 4040 supports a bearish trend direction. Increase short exposure for a break below 4010. The target price is set at 3840. The stop-loss price is set at 4230. Testing its 200-day simple moving average. Crossing below it might set the long-term trend as bearish. However, the price action is creating a range (see the red rectangle) and might...

Peet_Serfontein

A price action above 71.00 supports a bullish trend direction. Increase long exposure for a break above 73.00. The target price is set at 76.00 (its 23.6% Fibonacci retracement level). The stop-loss is set at 67.50 (its 61.8% retracement level). Recently crossed above its 200-day simple moving average, supporting a bullish long-term trend.

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A price action above 18.95 supports a bullish trend direction. Further bullish confirmation for a break above 19.20. The target price is set at 19.50. The stop-loss price is set at 18.70. Remains above its 200-day simple moving average supporting a bullish underlying trend.

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A price action above 4300 supports a bullish trend direction. Further bullish confirmation for a break above 4700. The target price is set at 5000. The stop-loss price is set at 4200. Remains above the confluence of 200-day and 200-week simple moving averages, supporting a bullish long-term trend.

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A price action above 75.00 supports a bullish trend direction. Further bullish confirmation for a break above 79.00. The profit take is set at 82.00. The stop-loss price is set at 75.00. Remains above its 200-day simple moving average, confirming a bullish long-term trend. The start of upside price momentum further supports the bullish underlying trend.

Peet_Serfontein

A price action above 137.00 supports a bullish trend direction. The target price is set at 146.00 and 152.00. The stop-loss price is set at 136.00. Bullish confirmation above 143.00 Remains above its 200-day and-week simple moving averages, supporting a bullish long-term trend. The insert is the monthly performance over the last couple of years. May is usually...

Peet_Serfontein

A price action above 8.50 supports a bullish trend direction. Further bullish confirmation for a break above 9.00. The target price is set at 9.50 (just above its 61.8% Fibonacci retracement level. The stop-loss price is set at 8.00 (close to the level of the long-term resistance, now acting as support. Close testing its 200-day simple moving average.

Peet_Serfontein

A price action above 56.00 supports a bullish trend direction. Increase long exposure for a break above 58.00. The target price is set at 64.00. The stop-loss price is set at 54.00. Remains above its 200-day simple moving average. A bull flag pattern seems to be developing. Such a pattern supports upside price potential.

Peet_Serfontein

A price action above 1.3440 supports a bullish trend direction, whereby ABG is likely to outperform INL. Further bullish confirmation for a break above 1.3825. The target price is set at 1.5375 (its 23.6% Fibonacci retracement level). The stop-loss price is set at 1.2660. The trade idea is regarded as a counter-trend strategy and remains risky.

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A price action above 104.00 supports a bullish trend direction. Further bullish confirmation for a break above 104.50, which is also its 50% Fibonacci retracement level. The target price is set at 107.00 (its 38.2% Fibonacci retracement level). The stop-loss price is set at 103.00. The MACD bullish crossover supports a change in trend direction.