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indicator
jse
jsetop40
trendanalysis
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1WLong
Has been in a consistent uptrend since July 2021. Points raised below. - broke initial resistance level at ~6750 - tested twice the next resistance level at 7200 - on weekly chart, 50day MA about to break above 200day MA One of the best looking charts on the JSE. I bought in yesterday (20220414) at 7263. Results should be released soon.
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I'm looking at weekly and monthly chart, waiting for breakout from downtrend. Taking conservative view so would find more comfort on breakout when price moves above 2750/2800. Plus, Chinese regulatory issues appears to be priced in. - MACD crossover - breaking previous support
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