Mondi is a global leader in packaging and paper, delighting its customers and consumers with innovative and sustainable packaging and paper solutions. Mondi is fully integrated across the packaging and paper value chain - from managing forests and producing pulp, paper and plastic films, to developing and manufacturing effective industrial and consumer packaging...
A text book corrective structure has formed on the H1 time frame AUDUSD. When price breaks the low of wave 3, I will be looking for reversal signs to trade this structure to the upside. Thereafter I am expecting a larger move to the downside to complete a structure formation on a higher time frame. Join our trading signal service to receive the exact entry, stop...
We can see the impulse move to the downside on the left of the chart, indicated by the first pink arrow. Then there was a consolidation structure formation which completed 5 waves and broke to the downside. This indicates that we are in the second impulse move, indicated by the second pink arrow on the right. Based on the initial impulse length, we can expect a...
1. 61.8% retracement from the high and a turn from there. (red arrow) 2. Two attempts to break the pink trend line support which failed. 3. H&S pattern completed and neckline held. I am looking for an entry to trade to 1.1750.
I am expecting far more upside on Gold on the larger time frames and will use the H1 and H4 time frames for trade entries. I expect to see a corrective structure as indicated on this chart to form and will be looking to trade the long from the start of wave 4. There are of course reversal signs that I will look for before entering the trade. For more details on...
The Sanlam Group is one of the largest established financial services groups in South Africa. Established in 1918, the group demutualised in 1998 and Sanlam Ltd then listed on the JSE Ltd. and the Namibian Stock Exchange. The group has business interests elsewhere in Africa, Europe, United Kingdom, India, the USA and Australia. Daily: We can see an impulse move...
South32 is a globally diversified metals and mining company. They mine and produce bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc in Australia, Southern Africa and South America. In May 2015, South32 successfully demerged from BHP Billiton and listed on the Australian Securities Exchange, the Johannesburg Stock...
The structure formation on the H1 time frame looks to be pushing for the breakout now. There is the possibility of one more leg to the downside first but looking at the larger time frames, I am confident that upside is to come.
Vodacom is a leading African communications company providing a wide range of communication services, including mobile voice, messaging, data, financial and converged services to over 103 million (including Safaricom) customers. From Vodacom's roots in South Africa, they have grown their mobile network business to include operations in Tanzania, the DRC,...
Standard Bank Group Ltd. is the ultimate holding company for the group’s interests and is a leading African financial services group with South African roots. The group is South Africa’s largest banking group by assets and currently operates in 20 countries in sub-Saharan Africa. Their strategic position enables them to connect Africa to other selected emerging...
FirstRand Limited is a South African financial services provider which provides services through a portfolio of leading franchises including Rand Merchant Bank (RMB), First National Bank (FNB), Wesbank and Ashburton Investments. With FirstRand shares listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange, the group is one of the largest...
Sasol is an international integrated chemicals and energy company that leverages technologies and expertise of over 30 000 people working in 33 countries. Sasol develops and commercialises technologies as well as build and operate world-scale facilities to produce a range of high-value product streams, including liquid fuels, chemicals and low-carbon...
AngloGold Ashanti is an internationaly acclaimed gold mining company with a geographically diverse and world-class portfolio of operations and projects. Headquartered in Johannesburg, South Africa, AngloGold Ashanti is the third largest gold mining company in the world, measured by production. The company was established in 1998 when the gold and uranium interests...
Richemont is one of the world’s leading luxury goods groups. The Group’s luxury goods interests encompass some of the most prestigious names in the industry, including Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, and Montblanc. The history of growth in group sales was driven by a number of factors including geographic spread,...
Glencore Xstrata PLC is a leading integrated producer and marketer of commodities, operating around the world and employs in excess of 27000 people. The group's commodities comprise of metals and minerals, energy products and agricultural products. Glencore is today South Africa’s largest exporter of thermal coal and is also the world’s largest ferrochrome...
Established in South Africa in 1915, Naspers Limited is a media, internet and entertainment powerhouse with a footprint in more than 130 countries, and is one of the largest technology investors in the world today. The group’s principal operations are in e-commerce, video entertainment, print and online media. Naspers shares have continuously been one of the JSE...
British American Tobacco (JSE:BTI), is one of the top 5 tobacco companies in the world, owning popular tobacco brands like Palmal, Kent, Lucky Strike Dunhill, Kool, Benson and Hedges, Peter Stuyvesant and Rothmans. With its headquarters in London, BAT has global operations in more than 180 countries. BAT shares are for sale on the London Stock Exchange and have a...
Anheuser-Busch InBev is the leading global brewer and one of the world’s top five consumer products companies. The company is geographically diversified, with a balanced exposure to developed and developing markets. It draws on the collective strength of approximately 200 000 colleagues in more than 50 countries worldwide. It hasn't been a great two years for...