Trader-Dan

Trader-Dan

The chart is showing early signs of support and a favourable early entry. Will look for pullbacks towards $70 dollars to take position

Trader-Dan

The stock is looking better and seems to have found support in the $95 zone. Any pullbacks towards this zone could offer a decent entry to target $125-$130 initially. A break below swing lows would be viewed as bearish.

Trader-Dan

The chart is starting to look interesting as it develops a base after a prolonged downtrend. This offers a good risk/reward setup. Alternatively one can also scale into a position while the price action develops.

Trader-Dan

The USDZAR is back to test the down sloping 50dma... Daily close above 17.50 will not bode well for the ZAR going forward.

Trader-Dan

The US10YR has now retraced to the 200dma and close to the yearly pivot point.

Trader-Dan

Spar has had a great rally from the December low where it presented much value. It has now tested the 0.50 retrace level... 50% of it last major down leg. The down sloping 200dma is currently around R146 (top of ambush zone) Bulls may need to recharge at R130 - R133.50 zone and let the 20ema catchup.

Trader-Dan

Attractive pullback to a base and worth a long while R4.00 holds on the daily . Potential to springboard alot higher from this retrace level.

Trader-Dan

I noted last year in August how Goldfields likes to make a fake break down before a leg up, just as in 2021. The same script seems to have played out and price is now at a key zone where it could possibly retrace or breakout to complete the bull flag measured move . Swing high becomes likely target if we do indeed break out here and gold bulls keep up the...

Trader-Dan

Vonovia SE is a European listed holding company which engages in the management of residential units. Price is back to at an attractive level and has formed a double bottom. A pull back to 25 is possible and will give a better risk/reward . T/P and S/L on the chart.

Trader-Dan

The stock has managed to regain some important levels including the 20/50 emaś It may be difficult to chase from this level so a better entry would likely be a pullback towards the R105 area. Alternatively with a wide enough stop , i would likely target the R120-R126 zone.

Trader-Dan

Richemont continues to be resilient in the current market climate and is pushing its all time highs... I will be watching to see how it ends the week.

Trader-Dan

Quilter has pulled back to an are of interest . Looking for a move up towards R21.00 while R18.50 holds on the daily timeframe. SL\TP on the chart

Trader-Dan

Keeping it simple for now, while we below 68000 on the weekly timeframe , bears are in control and rallies will be an opportunity to look for short trades or to position accordingly. A break through opens up the swing high test.

Trader-Dan

After last week's red close, the SP is retracing back into the area where the bears will look to reload or position themselves. Failure to fend off the bulls here will ignite a counter rally which could break through the recent downtrend resistance. My bias is further weakness while 4008-4028 remains intact on the weekly timeframe.

Trader-Dan

After reaching a high of R36.50 and paying out a dividend, CML has retraced back to the 0.618 level R31.93 Bulls will want to hold this level to prevent a further decline towards the R30 zone. Strength from here could target div gap close.

Trader-Dan

Vodacom has had a super rally off the back of recent news. Price currently working on a down trendline, a breakthrough here could open up a decent leg up to next level of R144

Trader-Dan

Sp500 has rallied 17.5% from the October swing low and has now hit up against a down trending resistance line just above the 200dma. This is a major area of interest and will likely dicate how we trade into 2023 I will be looking for signs of weakness or possible consolidation here for the next move.

Trader-Dan

Wow, November has been one powerful rally on the #ALSI.