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JSE 30-Day challenge: Day #5 WEZ5th Day. Today we bought some risky platinum. I have the idea to start some high-risk/high return game. The main object to post one idea per each day for 30 days in a row. Goals: 1. Buy stocks every day. 2. Keep balance at least of ZAR150.000 on 20 June 2. At least 30% of picked up stocks need to hit 25% profit gain. Rules: Only JSE stock exchange. The initial budget is ZAR300.000 Limit per one trade from ZAR5.000 to ZAR10.000 Spend no more than 1 hour per day to buy any stock and publish the idea. Last day to buy stocks - 20 May Last day to sell stocks - 20 June Log: 1st day is JSE:MCG ~9100 p/s 2nd day is JSE:NHM ~8325 p/s 3rd day is JSE:PBG ~191 p/s 4th day is JSE:QFH ~362 p/s 5th day is JSE:WEZ ~47 p/s
JSE:WEZLong
by Kopachelli
3
JSE 30-Day challenge: Day #1 MCGToday morning I have the idea to start some high-risk/high return game. The main object to post one idea per each day for 30 days in a row. Goals: 1. Buy stocks every day. 2. Keep balance at least of ZAR150.000 on 20 June 2. At least 30% of picked up stocks need to hit 25% profit gain. Rules: Only JSE stock exchange. The initial budget is ZAR300.000 Limit per one trade from ZAR5.000 to ZAR10.000 Spend no more than 1 hour per day to buy any stock and publish the idea. Last day to buy stocks - 20 May Last day to sell stocks - 20 June Log: 1st day is MCG ~9100
JSE:MCGLong
by Kopachelli
ZAR USD Long ideaThis is my idea the direction ZAR/USD is going to take . Due the economical situation is ZAR and spring compeing up the economy is going to start up again from the septembar . Recovering ZAR up 10 % while it is going to hit the resistance of the market , unless we see some surprising events from the White house. I am still new to this so my apologize if something is missing . I am opened for all suggestions and recommendations how to improve myself . Thanks you for understanding ...
Long
by MarekT74
USD/ZAR Long Idea - Double BottomDouble bottom formation at key level in the market. Note the strong wick rejection (doji) around the key demand zone, as circled. Price will pull back some and it will take some time for this idea to come to fruition IF it does. I put my stop loss beneath the double bottom for a low risk to reward trade set up. Please see linked idea below to follow from start. I closed out of that trade to enter this one. Trade at your own risk. Follow me on Instagram (see below) for more updates and shares.
Long
by mrsceleste
Closed above 200ma daily, RSI breakout Possible trend reversalBroke above 200ma daily & closed just above 50ma, if Monday we hold above this level then we might be heading towards weekly 200ma, eventually there will be some retrace to possibly the RSI support so best to buy on a dip as long as we stay above weekly 50ma 1.53p Target 3.64p Latest news: Equatorial Palm Oil plc (AIM: PAL), the AIM listed palm oil development and production company with operations in Liberia, West Africa, is pleased to announce that it has completed its first sale of crude palm oil ("CPO") from the newly commissioned palm oil mill ("POM") at Palm Bay estate. & Appointment of Director Equatorial Palm Oil plc, (AIM: PAL), the AIM listed palm oil development and production company with operations in Liberia, West Africa today announces the appointment of Mr Patrick Kee Chuan Peng as a Non-Executive Director replacing Mr Teh Sar Moh Nee who retires with immediate effect. Mr Patrick Kee Chuan Peng joined Kuala Lumpur Kepong Berhad ("KLK") in 1982. He has vast experience in all aspects of operations at KLK and was promoted to his current position as Group Plantations Director of KLK on 1 October 2017. Mr Teh Sar Moh Nee has retired from KLK as Operations Director and accordingly steps down as a director of EPO. Michael Frayne, Non-Executive Chairman of EPO, commented: "We are delighted that Patrick has agreed to join the Board of EPO. Patrick has been at KLK since 1982 and was the former head of all KLKs plantations in Indonesia. His guidance, experience and input will be extremely valuable for the Company, especially as we ramp up our production and look to increase the yields at Palm Bay estate. "I would like to take this opportunity to thank Mr Teh for his valuable contribution to the Company since his appointment as a director in 2014. We wish Mr Teh the very best for his retirement." Mr Patrick Kee Chuan Peng, aged 60 Mr Patrick Kee Chuan Peng has served KLK's subsidiaries in various capacities from Assistant, Manager, General Manager to Regional Director in West Malaysia, Sabah and Indonesia. He is an Associate Member of the Incorporated Society of Planters. He has also attended the Senior Management Development Programme conducted by Harvard Business School and Advance Management Programme of INSEAD.
PLong
by vcm11
AFRICAN RAINBOW MINERALS (ARI) DAILY TIMEFRAME NEUTRALThe price for ARI is moving in an ascending channel on the weekly and daily timeframe. The share price is now at the top of the ascending channel, which represents a critical resistance level. If prices find support at the 17 000 psychological level or the inner trendline, then we can expect prices to continue further with the bullish move. However, if prices break below the inner trendline, we can expect some selling pressure as the price would be making a corrective move before resuming the bullish momentum. If traders enter short on this one, they must open smaller positions as the market is clearly bullish. And then again, what do they say about trends? "Failing to respect the trend might leave you without a cent!!!"
JSE:ARI
by munyaelliott
Waiting For The Pull Back To Get LongKumba Iron Ore is a South African iron ore mining company and a subsidiary of Anglo American. The company is the largest iron ore producer in Africa and the fourth largest in the world. Kumba is a mining group of companies focusing on the exploration, extraction, beneficiation, marketing and sale and shipping of iron ore. Kumba produces iron ore in South Africa at Sishen and Kolomela mines in the Northern Cape province. Technicals I am expecting a pull back to form a larger corrective structure as indicated in blue. Once wave 3 breaks the low of wave 1, I will be looking for reversal signs in order to trade the long.
JSE:KIOLong
by Linton_White