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BSRTF a low cap reit with room to growHere we have a low cap REIT that I can see will grow into the billions (one day soon, but not so soon as I would like). Immigration has ben slow these last covid years but that tide is turning now so Texas should grow. California is expensive and people are moving to Texas so it should grow. Tesla and other companies are moving to Texas so Texas should grow. Work from anywhere culture is moving to Texas so Texas should grow. People need places to live, Shopping centers need ten year leases to build out Lows, and Target stores, to service these new people. From a chart technical standpoint I would like to see another bounce or retest the lows of the price of this company. If I do see a retest am buying more. There is a gap that has yet to be filled further down from here from way back in 2020. That does not mean it needs to get filled, but if it does, I am buying more. A friend of a friend works at this company and he is smart and his friend is smart and believes the management is smart. REIT's are not in favor right now - the large interest rates have scared off some investors, but those rates might come down, so the first to buy land with variable interest rate loan will have the refinancing build right into the loan. Imagine your interest rate falling every year of your loan for the first five years? That is what I would do if i worked at this company. If you buy a house for 1 million and the interest rate is 7% the note will be a monster, but if that rate falls to 3.5% over several years you will be happy and the interest payments will be cut in half. Take the other half of that interest payment and put it in escrow to save up for a downpayment on a new property. The investment will grow in value as the price of that interest payment will be factored into the assessment of your property and all the properties in the neighborhood. A year from now you could leverage the value for the property to buy more property. That is what I think these guys are going to be doing for the next few years. That is why I will buy the dip if there ever is one.
OTC:BSRTFLong
by altcoinnerd
Dollar gain strength again SA randUSDZAR gained momentum in pushing to the upside since South africa had a negative impact on the economy due to the poper supply issue. We our first price target from last week was that price would hit 17.50 but now that it has made multiple breakout on certain levels we looking forward for the price to head around 17.70. We see a very clear price has reached the RS ZONE on 1H TM and 4H TM. We take longs just after few countable minutes from market open. Most preferable time will be 01h15 am +2 GTM Johannesburg time zone.
Long
by ipot-officialtrader
Dollar / South African Rand (USDZAR) High Timeframe outline HTF (High Time Frame) outlook for the South African Rand. Lets see how it plays out over the coming months. I am currrently positioned long and per the box, break down from here and you target the next range below for some action. HTF charts take long to play out. Wonder what the news will be .... USD at monthly resistance, so probably heading to the lower box. These monthlys all tested, and weekly struggling to hold. So lower box looking prbable for now. However, this is the range to long, albiet a bit sketchy. USD looking strong against CHINA YEN , this could play a significant role, as South Africa (Along with rest of Africa) is aligned (owned) by China.
by Willco95
DJI: More troubleWhat's happening here? 1 - There is a sharp ATR spike for the down side. 2 - Price has made a struggling rebellion (so far). At each sharp spike of the ATR price has travelled south. That doesn't mean price is bound to do the same again. However the latest spike down is even sharper than the previous two. What this means is that there is a 51% chance of further movement south (leaving 49% chance for the opposite). If price moves south, I do not know how far south as I cannot see into the future. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FOREXCOM:US30
by Captain_Walker
Potential for USD/CAD downside...1.2300 seems to have a lot of confluences pointed towards. Its a heavy 300+ pip movement towards the downside but it could indicated the movements to come on the rest of this week and into next. It would be a good idea to await a little more pressure to the downside with a downtrend to fully form on the lower timeframes such as the 1 hour. Upside scenarios seem limited at this stage, but make sure to keep up with the dxy when trading on this pair.
Short
by FTUKcom
Time to fade the dollar move and long the South African rand Risk markets were a bloodbath this week. Explosive moves in the RV yield curve space caused ripple effects across a variety of asset classes. The US equity market was significantly affected, albeit only 2.5% from SPY ATHs. That said, there were some vicious sector rotations with momentum (TSLA,AAPL) really underperforming. EM took the brunt of this hit too, with the rand down over 4% on the 25th Feb. Today we come into a setup where the rand fell further and is now starting to rebound, in line with broad equity risk and a potential short-term top in yields. I'm entering long zar against the USD, targeting the 10day EMA at around 14.77. I will take 4/5 of the trade-off there and let the rest run.
Short
by MT-Macro
South Africa is a fundamental buy #EZASouth Africa is one Emerging Market economy poised for success given the recent dollar weakness. Today's retail sales data, +2.6% YoY vs 0.4% last month proves sequential acceleration in the macro data. Moreover, the noise around Eskom and SAA has been going on for years now and is merely noise. The only cause for concern would be a further downgrading of the Sovereign Bonds, which doesn't seem to be on the near term horizon. Naspers makes up 25% of the ETF, and with it's holding of Tencent in China, it should perform well given recent macro inflections out East. Recent Chinese PMI and output upticks prove the current reflationary theme being played out here in Q1 2020. Technically, the symmetrical triangle looks poised for a breakout or breakdown. Given the fundamental picture, I believe there is great risk/reward to the upside.
AMEX:EZALong
by MT-Macro
Sasol - JSE - Analysis October 16 2020This is my first analysis I published on TradingView. I have bought Sasol at multiple levels over the last few months. I entered at R60 and bought a bit more to the top and sold out at 155 keeping the houses money invested. As many have seen and spoken about Sasol fell from a peak in covid of R180 and Showed resistance and support at R150 , Lost Support and Momentum which I believe brought the stock back to the R130 level. Looking at chart analysis there is a simple yet huge divergence on the RSI line also looking at the volume oscillator showing us that it is still being in the same range of buyers vs Sellers. I honestly think the news of them selling 50% of their future cash cow was bad for the market however Sasol trades much more related to the oil price and the USD/ZAR. Taking this all into account along with the break at 2 trendlines I initiated a large position at R104 with stop loss at R89 and Take profit target at R130 (1 Month time span | Good potential for breakout and climbing the ladder to R150 before year end again | R210 1-3 Years Target
JSE:SOLLong
by rudiroelofse
24
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