


VOD broke up out of a Symmetrical triangle pattern and has now today come back to test the breakout level proving a good Risk to reward entry around the R123.50 level. Entry : 123.50 stop : 121.50 Target : R126.50 Risk to reward 2:1
A close above R171 on SBK can see a move to R175 from both a sym.triangle breakup and a horizontal box breakup
NPN is forming a 60min Inverted head and shoulders pattern, a close above R3285 will confirm the breakup
FSR broke its double top neckline on the 18th April and has come back to test that neckline level today at R63.50 short position is favored with a 2:1 RR
top40 60min chart is completing its right shoulder formation today, a solid break below 72200 will confirm the bearish pattern
bears have been shorting resistance for the last 2.5 days and are now sitting on the wrong side of this trade waiting for the squeeze to pop them
Natgas has formed a very textbook style rounded bottoming pattern which has shown signs of a confirmed breakout to the upside above the 2.11 level
CPI is trading at R1800,00 which falls into the confluence zone of both its 6 month EMA and bearish channel resistance
SHP has held its lateral support off the R210.00 level and has now broken up out of its short term bearish channel which projects a possible upside target to R234.00
J200 has found multiple resistance off 71800 and is now heading back down to 70350 support area
PPC held support at R2.80 and is now trading back above its 50EMA, bullish targets now open to R4.10 mark
VOD has been forming a solid base off the R120.00 mark a break above R132.00 opens up targets to R140.00
ALSI has formed an IHS pattern over the last few days , A close above the neckline will confirm the move higher
FBR has been making Higher lows since the lows were made back in oct 2022. resistance level of 64.00 has now become support and bulls should be in full control of this new uptrend.
BLU is finding support off its major horizontal support base at the R3.60 level if R3.60 holds bulls can make a move back to R4.60 zone
MTM is holding above its yearly average and has formed a very strong base off the R16.90 level. upward move can be expected over the longer term so long as this support holds
ABG found support off both its weekly uptrend line and horizontal support at the R171.50 level. if this level holds we can look to test the upper resistance trendline going forward
WHL has retraced nicely into the R66.00 mark which is major support line that if holds can see prices slowly start moving higher again, however if this level fails the next support lower down is the R62.50 level