Don't be dismayed by the fact that Momentum and Discovery have unbundled leaving RMI trading ex, reflecting the price as of 2022/04/22. RMI will soon be OUTsurance, which is a very good company with good management.
1. Wayne McCurrie & David Shapriro weights in their 2cents. Check it out in Youtube:
Looking at NEDBANK, we might soon see it moving towards the 200MA (5 year) timeframe & find resistance there. Pricing R195-R200. I bought myself some stocks and going to hold. You might want to look at FSR as well. Position medium.
FIB 38,2 Retracement in line with 100MA - R6.50 on the cards, be on the look-out for this. I wont buy at current levels as too much volatility, but should it reach 38,2, then yes count me I'm in! Position from now till December/Short.
Tongaat currently trading at the second leg of the double bottom , refer the blue lines indicating resistance. It might move side wards for a while and slightly dip, but then will pick up momentum and climb slowly. I Forecast this stock reach R13 by next year April 'ish.
I am expecting XRP to go up to 1,3USD, based on Bitcoin's recently rally(XRP getting the short end of stick as usual). If Bitcoin doesn't hold its recently rally, then XRP to drop to 0.85 or else the inverse is true, reaching short term levels of 1.3 as mentioned. The 8th box(encircled in bigger red far right) could go either way, but I am bullish on this one,...
Cup & handle possibly to form within the next few weeks on NPK, with resistance at red lines as shown (50, 100, 200 MA's). We are looking at a breakout the purple line within the next 6 months (R5.00).
Short term to medium term idea.
Ideas posted are my opinion and not to be regarded as trading advice. Trade with care as this is quite a high risk move, should...