We may derive the following from the Weekly TFG chart: 1. Price has completed the correction (See linked idea). 2. Some profit can be taken as we are at support. 3. A small bid is most likely to occur at the support (pink line) - however a break of the trend wouldn't surprise me. 4. Keep holding short. 5. As always - maintain your risk. Note: The views...
We may derive the following from the Daily INP chart: 1. Price fell rapidly as previously analysed (See linked idea). 2. Majority of profit can be taken. 3. A bid is likely to occur near the support level (purple box). 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Daily ANH chart: 1. Price rocketed up - as analysed (See linked idea). 2. Majority of profit can be taken. 3. A reversal over the next few days is likely. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly AGL chart: 1. Price has fallen as previously analysed (See linked idea). 2. Some profit can be taken. 3. A bid is most likely to occur at the support line (pink) - however a breakdown wouldn't surprise me. 4. Keep holding. 5. As always - maintain your risk. Note: The views provided herein do not constitute...
We may derive the following from the Weekly TKG chart: 1. Price has fallen as previously analysed (See linked idea). 2. Some profit can be taken. 3. A potential bid may occur at the support level (8300) 4. Keep holding. 5. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly J200 chart: 1. Price has fallen as previously analysed (See linked idea). 2. Some profit can be taken. 3. A correction phase over the next few weeks is likely. 4. Keep holding. 5. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly NED chart: 1. Price is near a weekly trend support. 2. Bears have dragged the price down for many weeks. 3. Price i.m.o should continue to fall further, but there is potential for buyers to come in at the current price. 4. I would consider waiting for more clear price action. 5. As always - maintain your risk....
We may derive the following from the Weekly CML chart: 1. Price is extremely volatile at the moment. 2. A distinct weekly support is approaching. 3. Price i.m.o should catch a bid at the support level. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly CLS chart: 1. Price formed a double top, but didn't test the ATH. 2. The Weekly bear candles are usually engulfing. 3. Price i.m.o should continue to drop further, with a potential to first test the ATH one more time. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly TRU chart: 1. Price is still declining rapidly. 2. A weekly support and long term low is approaching. 3. Price i.m.o should find a few bids at that level. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly LHC chart: 1. Price is still trading in a downtrend. 2. A bottom may have formed. 3. Price i.m.o should continue to rise slowly to reach the downtrend highs. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly BAW chart: 1. Price is still trading outside of its weekly downtrend. 2. A correction wave may be complete. 3. Price i.m.o should continue to fall further. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Monthly NTC chart: 1. Price is still in a massive downtrend. 2. Price i.m.o should respect the monthly channel support. 3. I would wait for around ZAR 15 p/s before considering any buys. 4. NB: The trend is still down - so be cautious in buying. 5. As always - maintain your risk. Note: The views provided herein do not...
We may derive the following from the Weekly WHL chart: 1. Price has been extremely bullish over the past two weeks. 2. A slight pullback may occur before another push higher. 3. I do foresee price reaching 58-60 ZAR p/s. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Monthly ANG chart: 1. Price is at a monthly downtrend level. 2. A reversal may indicate long term bearishness. 3. I suggest watching this level closely. 4. NB: The trend is still up - so be cautious in selling. 5. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Daily MNP chart: 1. Price is yet to break through its daily downtrend channel. 2. We are approaching a potential buy zone / support level. 3. Price i.m.o should hold at the buy level. 4. NB: The trend is still down - so be cautious in buying. 5. As always - maintain your risk. Note: The views provided herein do not...
We may derive the following from the Weekly MEI chart: 1. Price has formed a horizontal base it seems. 2. It is possible that accumulation is occurring. 3. A buy would be low risk at this point. Or one may wait for the resistance to break. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly AMS chart: 1. Price seems to have formed a double top. 2. The weekly chart was unable to close above the top high. 3. It is still early to make a decision and so patience is needed to see if we form a potential sell pattern. 4. As always - maintain your risk. Note: The views provided herein do not constitute...