BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of December 31, 2023. A name via my screen. An appealing medium term structure.
Shaftesbury Capital, formerly Capital & Counties Properties plc, is a United Kingdom-based property investment and development company focused on sites in the West End of London, including Covent Garden, Chinatown London and Carnaby Street, Soho. A name via my screen. An appealing medium term structure.
The Carlyle Group Inc. is an American multinational private equity, alternative asset management and financial services corporation based in the United States with $426 billion of assets under management. It specializes in private equity, real assets, and private credit. A name via my screen. An appealing medium term structure.
Siemens Healthineers is a German company which provides healthcare services. It was spun off from its parent company Siemens in 2017, which retains a 75% stake. Siemens Healthineers is the parent company for several medical technology companies and is headquartered in Erlangen, Germany. A name via my screen. An appealing medium term structure.
MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. Consolidation, with potential re-emergence of upward trend. Confirmed on igniting candle structure.
The price action is improving. Clearing the channel would support a buy/long trade. Larsen & Toubro Limited, abbreviated as L&T, is an Indian multinational conglomerate, with interests in industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, military and financial services. It is headquartered in Mumbai,...
Tuesday 21-May-2024.This is a high risk idea thus smaller positions will apply. The share has developed a 'V-shaped' reversal, with aggressive buying in recent weeks, however, the current rating reflects excessively overbought conditions into overhead resistance. Failure to hold the prior session highs would be indicative of a early price weakness and could lead...
JSE Top 40 Index Short Term Rating: Overbought Also highlighted is the reading from my model. This highlights my view for 3x trading time frames: Short Term ( 1to 10 days) Medium Term (2 to 4 weeks) Long Term (5 to 8 weeks)
Price Action Talking Points Pre-Market JSE Sa mid & large caps: in the short term, it's getting crowded in here. Considering the technical summary below, it is a rarity seeing zero constituents in both the oversold phase and even more so in the high bearish momentum phase. Conversely, the high bullish momentum phase is populated with a remarkable 18 names and...
Price at time of publication: 8380. The index is in a high bullish momentum phase, while trading in an overbought range. Traders should consider this a short to medium term countertrend trade idea where the reward-to-risk is starting to favour sellers. My preference is horizontal trend lines however, it may be worthwhile recognizing the diagonal channels, where...
JSE Sectors Ratings Changes The colour = current position while I have also highlighted the position 5 days ago. You can use this to view the sector ratings change.
Candlestick Formations (Buyer/Seller Dominance) form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The share name (2) the candle's 'change from open’ (over 1 session) i.e....
US30 - Momentum Regime Current: Strong, From Neutral Ascertain which phase the index may be in, as per the momentum regimes. Ranked from overbought to oversold.