Is it possible that we're in for a long squeeze (Squeeze to the downside)?
The foible in the bears' armour! Bulls, Enjoy the ride!
Is this the 30 - 40 percent correction area that's so long overdue? The convergence of some very Salient levels
Time for a short as monthly bar shapes up to be a real letdown
Daily chart is up by over 3 percent for this security industry stock, showing that investors don't trust Jacob Zuma's ex adjutant and his mouthing off to uneducated voters about caucasian majority tax payers being the chief cause the nation's sluggish economic growth. The world is also sick of hearing about apartheid's effects on the economy over 25 years later...
Is the S & P ready for new highs? If so, Distell will likely follow
Ramaliar, the president of South Africa claims he'll bring healthcare, land, economic growth and halving or elimination of crime. Watch this stock fly as a result of these bold claims which have no basis in reality.
We're looking for high probability upside continuation out of Cartrack (JSE) shares in the coming weeks.
Three security stocks interest me at the moment: MIX, Cartrack and Allied Electronics. Investors are thinking 6 months out when it comes to price discovery. This indicates a pessimistic attitude with regard to unemployment and crime rates going forward.
For a while at least. But we know why: Fib Spirals
To wit, Distell owns 5 South African Alcohol brands that ARE NOT GOING ANYWHERE: - Savannah (Cider) - Hunters (Cider) - Amarula (The world's most beloved African Cream Liqueur) - JC le Roux (Sparkling wine) - Klipdrift (South Africa's most famous Brandy) This is besides the wines and whiskeys in Distell's portfolio. The gap has been filled. We are riding above...
The FIb spiral must be broken to initiate a new up-trend
But for how long? Possible bounce included according to TD indicator
What if Willie Woo and others who have called the bottom are just plain wrong? What if this is the REAL Parabolic chart? Let's see how this plays out.
Fib Spirals are tricky to implement because of the many ways they can be subjectively arranged, yet the fractal nature of this pattern seems undeniable.
Will it be as soon as this week?
Everyone and their mother is a bull atm ... But why are AMD and NVIDIA stocks tumbling if a new bull market is in the offing?
Cartracker has just flipped bullish on the weekly time frame, with Kumo twist in the offing and with the TD indicator showing a potential 8 more months of upside. This is the picture of a country whose crime problem is literally out of control due to a reverse racist government under the African National Congress (ANC) led by the ever sly and calculating Cyril...