VillageTraderZA

VillageTraderZA

African Rainbow, has been a trade I like for a while now. We have a nice full flag on the share. The flag pole is quite long as well. Protecting the price 28960c

VillageTraderZA

Multichoice has been quite bullish, following the acquisition by Canal +. We now have a nice bullish flag on the share. Perhaps the launch of their new decoders which can stream Netflix and Showmax could be a catalyst to some further rally.

VillageTraderZA

Tiger brands seem to be undecided at the moment. We have both descending and ascending triangle patterns. We have an ascending triangle breakout which was halted by the descending triangle pattern. Creating a symmetrical triangle pattern. Waiting to see if the 20020c support/resistance holds in which direction. If it breaks to the long side, I will wait for my 30w...

VillageTraderZA

We had a false break on growth point as well. Seems like the worse isn’t over just yet for the property stock. I’m looking for a close below 1026c targeting 746c. Should be interesting to see if the trend channel resistance holds as new support or the share trades back into the range.

VillageTraderZA

We had a false break last week on the rally of the vaccine news, coupled with a bearish engulfing candle. I’ve been bearish on share. Will be monitoring the share if it trades back into the 5360c -6600c range. Waiting for a break and close below 5124c to take a short position in. Using the height of the head, of the head & shoulders pattern which started to form...

VillageTraderZA

We have a nice bullish flag on Pan African Resources. with a very nice risk-reward on it. We could see a further

VillageTraderZA

Old mutual has been trading in the 1300 - 930 range. if the price action confirms, a short looks rather interesting targeting the 930c support with a stop just above the resistance level

VillageTraderZA

Kumba looks rather undecided, but a breakout to the upside looks interesting. Could we see the share break the all-time highs?

VillageTraderZA

Shoprite looking quite bullish at the moment. Once we close on the other of the 200 week EMA. The trade looks even better.

VillageTraderZA

A bullish flag setting up on Multichoice. with a very nice risk-reward

VillageTraderZA

200 Day seems to have turned into support. we could potentially see a breakout to the 200 week EMA. Or is this a false break? That could see the share plummet to all-time lows Let's wait and see.

VillageTraderZA

We have a nice falling wedge continuation pattern on DRD. This fuel to the fire could be added by a gold rally. Since gold looks to be breaking the $2060 resistance level

VillageTraderZA

Contradicting my previous Idea on Silver. Looking at the descending triangle pattern as a continuation pattern also looks. As a trend follower, my bias is on the long side. However, I don't like the risk-reward on this

VillageTraderZA

A descent Descending triangle pattern perhaps to target to test the 200 week EMA at about $18 or so level

VillageTraderZA

My biased is on the long side, but Gold seems to be undecided at the minute. the breakout in either direction will probably be an aggressive one. Though my bias is on the long side the fact that the symmetrical triangle hasn't broken 2/3s on the way to the apex point. worries me

VillageTraderZA

THe Top40 Index broke below both the 200 day and 200 EMAs

VillageTraderZA

Looks like the worst is yet to come for the JSE:SOL share price can it go back to R22 again?

VillageTraderZA

Growth point givings with a Bearish flag. Target still remains the width of the symmetrical triangle