Trader-Dan

Trader-Dan Aug 30, 2022

- Brent Oil has reclaimed the 200dma and likely to head next to the $107 - $110.50 zone. - Below $95 would invalidate the move -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Aug 28, 2022

Goldfields continues to trade within a well defined range R145-R162 since June this year. If you bullish on the price of gold going forward, these are great levels to accumulate the stock . Just be careful of a fakeout move to the downside before starting the real move, shakeouts are very common with gold & gold stocks.

Trader-Dan Aug 28, 2022

- As per the previous post (link below), price had reached an area of interest and oscillators were warning of a possibility of an imminent pull back. - The index has since come off the boil and I'm looking for continued weakness in the week ahead. - Next zone of support is 3900-3970 where i will look to possible buy if price action favours the bulls. --...

Trader-Dan Aug 24, 2022

- The stock is moving up off a decent consolidation period, volume pickup - While R4.10 holds , we could get a move towards the 200day moving average -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:CLH

Trader-Dan Aug 23, 2022

Dollar keeps charging upwards ... DXY now reaching a swing high 🧐

Trader-Dan Aug 22, 2022

Gold has retraced to an area of interest. Bulls will want to hold $1730 to prevent further weakness to swing lows. I will look for support on the lower time frames for a possible long swing. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Aug 22, 2022

- The STXFIN has hit strong resistance, a downtrend line starting from April this year - It will be interesting to see if the moving averages provide support here else a deeper pullback towards the swing lows will be on the cards. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Aug 17, 2022

Momentum has had a solid run off the swing lows Price now at 200 day moving average Oscillators overbought so will tighten stops Disclaimer: All ideas are my opinion and should not be taken as financial advice. If you would like me to have a look at any chart, direct message and i will post my thoughts, Happy Trading!

Trader-Dan Aug 16, 2022

Not a very liquid stock but market clearly liking the recent sens release.. Broken out on volume , lots of room to move above. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Aug 16, 2022

Sappi is finding support at its 200dma. - Looking for a bounce to initially test R54-55 - Oscillators oversold territory -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Aug 16, 2022

- The resistance at R600 / 50 day moving average is proving to be the level to break - Price retesting the 20 dma , bulls will want to defend R545-R560 or risk another move down to test the lows -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Aug 16, 2022

- Well it didn't take much for the SP500 to melt through previous resistance and the index has "melted" up towards the 200dma and 'ambush zone' (0.50-0.618 retracement) of the major leg down . -Almost 20% up from the swing lows ,the move is rather surprising in the current market climate and essentially bearish negative narrative for the US economy going...

Trader-Dan Aug 12, 2022

Barloworld continues to look good with volume pick up and holding the 50 day moving average A break of R98 will open the gates to a move towards R110 & 200 day moving average -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. If you would like me to have a look at any chart, direct message and i will post...

Trader-Dan Aug 12, 2022

Stock initially tanked on terrible guidance but has since rallied hard off the swing lows, almost 40% 👀... Amazing!

Trader-Dan Aug 12, 2022

Now that's the candle i want for my birthday 🤪 Massive day yesterday for MTN off the back of earnings, 200 day likely next target -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. If you would like me to have a look at any chart, direct message and i will post my thoughts, Happy Trading!

Trader-Dan Jul 28, 2022

Alexander Forbes is experiencing increased trading volumes while it has formed an inverted head & shoulders pattern. Price is above the major up sloping moving averages . Something brewing here... -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Jul 27, 2022

Price has regained the 50 day moving average and is one time framing up on the daily Chart looks good while we hold above the 20 day moving average now (orange line) JSE:LHC -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Jul 27, 2022

Possible scenarios i will be watching as we approach the important FED meeting and interest rate announcement tonight. Price action on the lower time frames will dictate the path of least resistance . Fake outs are real and you need to be ready top change sides if the price on the chart justifies it. I call it TMBTM ("the move before the move") . Trading around...