First rand limited a continuation pattern at play a head and shoulder pattern
first Rand bull case still at play since we are on the rate cycle banks are moving higher
a continuation to the upside pretty much strong...
First Rand Limited with the downgrade form moodys banks are gonna take a hit as south africa gets taken out of the FTSE World bond index
Fist Rand Limited buy opportunity on the key level waiting for confirmation
JSE:FSR Flat bottom triangle in place. Break bellow will target gap close around 6500.
The Moody's call messed me around on FSR, but the MACD, MA, RSI and STOCH's are showing a potential downward move in FSR.
JSE:FSR Testing small resistance around 6680, break above will target 7100 area.
JSE:FSR Stuck in sideways consolidation from around September 2018. Break above when/if it happens will open target around 8000 some 15% higher.
Firstrand has traded in a range between R60.00 and R70.00 for almost a year now. Only on a few occasions has it broken out of this sideways channel and, even then, only for a short while. But, if you look at the MACD, you would notice a bullish divergence has formed. As FSR 's share price kept retracing to R60.00, the MACD continued to make higher lows. This...
JSE:FSR Making head and shoulders. Neck line is 6250. Break bellow will open 5500 as target.
JSE:FSR Bearish flag on hourly getting broken. In mean time bigger head and shoulders is made. Neck line is at 6250.
JSE:FSR Making rising wedge on hourly chart. Break lower would target previous breakout around 6600