JSE:SOL has tested this MA several times and failed to remain above it. The stock is back above this level, but there's a bit of an overhead resistance. Taking TVC:UKOIL into consideration, a long position is worth a punt.
JSE:COH is forming what looks like a cup-and-handle, and the price is at the pivot point. Other than that, key MAs are rising and to me that a positive sign to initiate a long position.
Enjoyed the NASDAQ:AMZN ride from $107 to the current level. Now looking forward to the next move, an ideal move is a close above $144. We always root for the upside.
NASDAQ:AAPL levels of interest; a bounce at the current level, or a bounce near $172. This week's trade levels might guide the next move, stock on the watchlist.
The previous bullish idea has been invalidated. JSE:ANG failed to find support at the support level, and to bounce at a key MA. JSE:ANG has broke below the 200 dMA, not looking for long opportunities as long as it remains below this level.
JSE:SHP is back at the resistance level; will it break now? Please. One of the consistently profitable stock out there.
Solid move from JSE:APN , on a 52-week high list, and depending on how you see things, a breakout on a cup-and-handle.
JSE:SBK closing high for the week, with a bigger green candle than last week. The stock is trading near a 52-week high, we would like to see an upward move.
JSE:CFR has breached what we consider to be a key MA, however, the stock is still trading above the 200 dMA. The 200 dMA is the next potential support level, we're keeping an eye on $JSE:CFR. No position.
JSE:ANG could be onto something. The stock cracked weeks ago witht the rest of the gold stocks. We noted a potential support level, and now the stock is trading above a key MA. It looks bullish to me.
JSE:TFG is at an area of value, near a key MA and near a resistance level. Based on the MA, JSE:TFG can move past the resistance level, however, the stock is trading ex-dividend on the 19th. There we might see a R1.50 price drop. The stock is interesting nonetheless.
Following a promising rally in TVC:GOLD futures, gold miners benefited from the rally. However, JSE:ANG has given back all the rally gains. JSE:ANG is now trading below what was a potential support level, and it's trading below the 200 dMA. From this view, the stock is bearish, but fakeouts do happen.
AMEX:XLK is up nearly 40% year-to-date, with a decent recovery in the tech sector. NASDAQ:AAPL hit $3 trillion yesterday and other ETFs such as the JSE:SYG4IR are benefiting from the tech strength. AMEX:XLK is now near the previous all-time high, if there's enough strength from the holding companies, this level should be cleared easily. Keep moving.
JSE:SOL better hold that R225 level. There's potential pain below it. The rally to R265 was promising, unfortunately, it ran out of steam.
Gravity seems to be strong for PGMs miners. After several attempts to stay above R32, JSE:SSW has given up. R22 does seem like a possibility. Froneman, do something.
JSE:TGA back at the recent low level, not the absolute low. A break below the absolute low will send the stock towards R120/share, with a possibility of reaching R100/share. Time will tell.
JSE:SOL seems to have found support near R226 and has fought its way to low R260s. A close above R265 will be interesting. Let's not discuss oil prices and other stuff that's going around globally.
NASDAQ:GOOGL at another area of value. A close above $127-ish opens a window for a potential move to $142. Always rooting for the upside.