RobbyP

Pretty basic trade here and in the current market your strategy should be to buy the green stocks and sell the red ones...the Head and shoulders pattern on Telkom makes this a pretty easy short at the re-test of the neckline

Ex dividend and holding! MTN is giving subtle hints of strength which could mean that a rally is imminent. MTN is currently holding support (surprisingly) and is also one of the very few stocks STILL trading above it's 200 day moving average. This just has to indicate that the price is still strong relative to the market. Trading now in extreme over-sold...

After banking my long trade on this stock (out of fear) I asked myself "If you are too scared to be long, why then, are you not short?". Hence my decision to swing short. FSR has hit a bit of a resistance now and the last two days have given us a couple long tail failing highs. Therefor I think resistance is going to hold here and we should see a small pull-back...

The trading range here is clear as day as multiChoice becomes range-bound and pretty much stuck between two levels. I personally cannot see what drivers there are that could possibly push this stock higher. Looking at the Stochastic RSI, it indicates that the current rally is a weak one so I'll be looking to short this bounce. The Rules are pretty simple when...

This stock (along with all banks) has wallowed in over-sold territory since the beginning of July. It's been a one way slide with no let up but I think it's over done and just maybe the Rand can throw it a life-saver. After breaking horizontal support, the price has almost mimicked that previous "long tail" move. The stock went on to rally significantly after...

Falling in the top 5 most sold stocks by foreigners yesterday, MTN is also trading at a resistance zone at or near R110.00. I normally don't like trading these "zones" until I get confirmation but I have jumped in early this time. For this trade, I will use a break-out as my stop loss so a breach of overhead resistance will be my signal to exit the trade. The zone...

After failing at the second attempt (Just above R400.00) at the recent high, Anglo has given us a fair enough pull-back to get long. Today's interim results, I think the share price will get buying support above R380.00. Although I'm not going to chase it, I am aiming to buy the CFD just below 385.00 (if it goes there). All of my momentum indicators have swung up...

There's a mini "death cross" where the 21 day moving average has broken below the 50 day moving average which is quite a bearish indicator for the short to medium term. When going short based on this occurrence, one can never expect to get short at the highs, but rather trade the momentum that is dragging the moving averages down...I'm just looking for 6 bucks......

Impala Platinum certainly has been on a tear since October last year with hardly any pull-back in between. Having broken above a "top resistance" level on the weekly chart, it appears the bullish sentiment is set to continue. I think the next dip can be bought and I have orders in the market at (and just below) that break-out zone. My momentum indicators and...

Discovery has had three failed attempts to break above the 200 day moving average which also coincides with the downward trend resistance line. It does look to be forming a falling wedge which means we could see a potential move from current levels down to the support zone of around R138.00/R140.00. I am looking to short the next bounce (possibly around R151.00)....

After a May Rally, BVT has drifted lower to form a weak looking left shoulder. On my daily chart it looks like the price has already broken the upward trend line support as well as the actual neckline. I will be looking to get short if we see a bounce towards R193.00. An extension of the recent high should see us attempt a target near R180.00. From a momentum...

There's been very strong price action on MND over the last 4 days and today, Mondi is attempting a break above the 50 day moving average. Momentum-wise, the stochastic RSI has swung around and pushed upwards. The same price action has seen Mondi break above the recent downward trend and that in itself is quite bullish. I am resisting the urge to get long ahead of...

Sanlam has bounced off the neckline of a bearish head and shoulders pattern for a second time now. I am of the opinion that the 200 Day moving average will act as resistance and we'll see a leg down soon. With Financials under pressure following that shocking GDP number, this stock needs to play catch up (to the downside). I have shorted at current levels for a...

A two day reversal on the Iron ore price and a strengthening Rand has seen some weakness creep into the share price of Kumba. We can see that the RSI has turned lower after yesterday's price action SO I don't think the price will stay in over-bought territory much longer. I won't be surprised to see Kumba trade lower from here to test that "psychological" R400.00...

With the Rand blow out today, we may see CFR test the upper resistance band today. Should it get that close, I will be looking to short (above R110.00). The stock was trading below R100.00 just 10 days ago and has become quite over-bought as it trades just above the 200 day moving average. The trade rules for this one are pretty simple. A break above that...

After having broken previous support near R180.00, Shoprite is looking perilously weak. This seems to be the case with most retailers but the once "stock market darling" certainly looks to be struggling to gain any upside momentum whatsoever. If support level 2 does not hold, there is a very very long way down. Don't kid yourself, R130.00 is not impossible

Call me crazy, but today's Sasol shocker provides an excellent trading opportunity. Today's "flash crash" has taken the price back down to a monster support level and I really think this is one for the punters. If fortune truly does favor the brave, then I should be just fine. I have bought this support level for a bounce back above R400.00 and I wouldn't be...

Vodacom is approaching the top line resistance within a bear flag. Some might even call it a "consolidation" pattern. With the RSI pretty much in no man's land I am looking to short any bounce near R120.00 or better. A break above this "sideways" pattern would be considered bullish and that would be my signal to exit the trade and take a stop loss. With multiple...