UnknownUnicorn3468017

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Transaction Capital hourly chart shows the 3rd lower high, just after bouncing from the 200hr moving average at R14 and horizontal support was 14.50. Overhead resistance at R16.66. Stand by.

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Foschini has broken upside of a bull flag formation on the daily chart. Currently trading at 76.50. Targets are R87 (previous high) and then R95 (flag). Some caution - shown here is the hourly chart that just made a death cross (50/200per MA).

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Telkom 1hr chart shows support at 18.50 with overhead resistance coming in at 22.50 and 26.50

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Truworths hourly chart (currently 30.50) is rangebound between support at R29 (that coincides with the 200 period moving average) and resistance at R35.

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Tsogo Sun Gaming broke below a bearish rising wedge with a first target around 2.45 and is currently trading at 2.99. We've also just seen another death cross (50/200 period moving avg).

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Vukile is still in a downtrend, broke below previous support (that now acts as resistance) to make a new low and is now trading back at said line at 5.50

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Vodacom reached an upwards sloping medium term resistance line at R127 - and support is currently at R117

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Wilson-Bayly touched the R100 horizontal line that switched from previous support into current resistance

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Woolworths hourly chart is nearing the top of its trading range (that coincides with a previous high at 32.80) and currently overbought

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USDZAR closing in on support at R18 and if this rand strength continues the next target is the horizontal at 17.20

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Oversold. Up from support. Buy around R275. Stop below R250. Target R360. Reward to risk exceeds 3:1.

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The JSE Allshare came off resistance, turning down from overbought levels. Round numbers for a 2:1 reward to risk trade - Short at 57000 with a stop at 58000 and a target of 55000.

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Bullish engulfing candle after turning up from a low and crossing momentum indicators could see BVT end its down streak and start moving upwards again. Buy at R195 with a stop below R188 and profit targets around R209 (for a 2:1 reward to risk trade, first half) and R216 (3:1, second half, if it continues, ratchet your stop loss level upwards).

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Take your pick - similar to the CHFZAR and CADZAR calls, however the JPYZAR has a better reward to risk ratio of 4:1. Buy around 0.135 with a stop at 0.1325 and a profit target of 0.145.

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CADZAR bounced off support on 5yr chart with hidden bullish divergence and these parameters equate to a 2:1 reward to risk ratio: buy at R11.13 with a stop loss at R10.90 and a profit target at R11.60.

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Buy at R14.82 with a stop at R14.50 and a target of R15.75 for an close on 3:1 reward to risk trade. CHFZAR bounced of support and turned on oversold levels.

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Supergroup's (JSE:SPG) downtrend is still in tact and together with hidden bearish divergence and a bearish engulfing candle it gives a 2:1 reward to risk trade if you can get it around these levels: short at 28.30, stop at 29.30 and profit target 26.30.

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Buyer beware - the rising price in Clicks since 23 October (about a month) happened on falling volumes (and at all time highs) - suggesting the upwards momentum might have run its course, at least in the short term.