Discovery Up nicely but seemed to hit previous resistance and top of positive channel - might see a bit of a pull back first
MTN seemed to shake off the bad news and is heading for top of channel.
FSR tested channel but seems it might stick with downward movement. Day indicators also seem overbought. Might not get that leg up at this time.
Seems like Sasol is wanting to break out of its downward channel, been a hard call considering international factors. Could be set for step up. Do you think it has the legs to do it?
I always expect more from this year, but I am often disappointed. Like the bounce of previous support, nice triangle forming.
Do you see Dischem going up from this position?
MTN initially broke the down channel but it didn't last long, monitoring this current position to see if it can move up from here.
I would like to hear your thoughts, let me know.
Purple has been frustrating, considering weekly view, I hope to see a leg up from the base forming here.
Discovery seems to be breaking this downward channel, looks like it broke, retest and is taking off.
What do you think?
Liking MTN here for a long, broke through the resistance and came back to retest.
Hopefully market turmoil doesn't get in the way.
What do you think about this setup?
MTN pushing against this previous high, looking good for a break through higher.
Super quick drop to the bottom of the channel for MRP. But amazingly the channel held out!
Monitoring for a turn back up, but these are strange times, so going to be very cautious.
Telkom smacked to the bottom of the channel on bad results, interesting that the channel still held.
Would be interested to see if this can hold as support, or break for a further move down.
MTN sticking to support and bouncing here at bottom of the positive channel.
Indicators turning but not yet positive, monitoring for a buy positiion.
MrP hitting some resistance at the top of this channel.
Was hoping for strong break, but not there yet.
Monitoring for continuation downward or breakthrough.
Liking the bounce of Pep of the bottom of the positive channel, could be give a nice up swing, hoping indicators follow.
Hoping this upward channel holds for Dischem, break here might indicate trend change.
Telkom delivered a perfect playout, it still amazes me when these prices perfectly fit into these channels and lines.
Now to check for breakthrough or resistance, with earnings coming next week.
Upward break of the trendline for Woolies, hoping indicators follow.
What do you think of Woolies?