Trader-Dan

Trader-Dan

- Price coming off oversold level on daily stochastics - A better entry will be close to the breakout level of R135 - Bull flag break target could be possible target , i prefer to take my exit once trend changes / price action confirms as one never knows how far a trend will go for. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be...

Trader-Dan

- Bullish break on volume - Recovery trade ASX:FLT

Trader-Dan

- As per the previous post on the pair, the long played out and we at the highs of the year - We could possibly consolidate and break higher here or get rejected and form a double top - Will be watching price action for clues to the next move -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Price is back at an area of resistance - Bulls will need to keep up them momentum to break through is important level and possibly target the 200ma - Im favouring the short side unless bulls can close above R13.50 JSE:OMU -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Nice head and shoulders pattern developed - Above R17.58 would signal a long on the pair -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- After breaking support around R138 level, price has comeback strongly and suggests a continued move the other way - Been quite a wild share to trade but i think it will benefit well with COVID regulations easing the a recovery in the general sector -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- As per our previous post on MTN where we were targeting the 200ma on the daily, price has tagged the level. - The gap above (R70) now becomes the next level to target, perhaps after some consolidation and close above the 200ma -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Bitcoin has had a powerful movce up up since we last indicated that it was ready to breakout. (link below) - It currently in a strong resistance zone, expecting some weakness here and perhaps a test of the $10400 level -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Stochastics coming off an oversold base - Price forming a higher low (early entry) - Break of daily down trendline - Good R:R -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- DXY is in an area of interest. - Stochastics are approaching oversold on the weekly timeframe. - I break below will signal further dollar weakness. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. TVC:DXY

Trader-Dan

- Attractive setup for a LONG or to add to a trend position . A break thru the top longterm trendline will open alot of space to move - GLD ETF is still in an uptrend and a good hedge against ZAR weakness -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Looking for longs on a break of $9220 - A move below $9024 will change the bullish bias -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Stock has move up nicely since our original breakout entry - Seems to have had some profit taking and is now resuming its trend up above the 200ma - The gap above at R25 becomes a likely longterm target

Trader-Dan

-SAPPI is breaking out of a consolidation period - Stochastics are oversold - Looking for a move towards the 200ma -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:SAP

Trader-Dan

- A cup & handle pattern has formed on HYPROP - Trade presents a low risk/reward for a long entry -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:HYP

Trader-Dan

- MTN continues to edge its way upwards towards the daily 200 ma - Any break below the trendline or lower lows could signal a bearish change in direction - Better entries will present themselves on smaller time frame / pullbacks. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:MTN

Trader-Dan

- After a massive surge up, price is finding a level of support from the recent pullback. - Looking for a move towards the 200ma -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Price has come back to test a region of support - Stochastics are oversold - A failure here could open further downside - Price action will give clues to the next move -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.