Trader-Dan

Trader-Dan

Bitcoin has eventually started showing signs of a possible "bottom" and a double bottom has formed ... While price holds above $20000, initial targets are $24050 and $25800 -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Omnia has had a super move up from the swing lows of R14 - June ended off with the first monthly close below the previous low. - Momentum may be slowing and while it stays below R78, i will be cautious with any longs, it could likely pullback to the R60 zone -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Mediclinic had a stellar performance with an 18.5% gain for the month. - Price has broken out of a constructive base starting from the beginning of 2019. - Any pullbacks in the following week/day sessions will present opportunity to get into the stock as the chart looks like it could start a solid stage 2 trend up -- MANAGE YOUR RISK - - Disclaimer: All...

Trader-Dan

Capitec ended the month red, down around -12% from the end of May Bulls will need to get price back over R2072 to have a chance at turning momentum. Below R1975 the chart could roll over and start a down trend on the monthly candles. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

In the search for alpha, CLI pops up with a 13.5% return so far year to date. Monthly candles continuing to push new highs. Price will need to remain above R10 support level. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

British Tobacco is one of the few charts that is still printing green candles on the monthly and holding up in these volatile markets Chart remains sold while we keep closing above R650 on the monthly time frame. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

The chart in currently in a solid down trend since hitting a high of R77.60 in March 2022 A support zone has been reached R35-R40 and is likely to provide some temporary relief or possibly be a turning point but much needs to be done to break through overhead supply. R45 first likely resistance area. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my...

Trader-Dan

- Been looking for stocks that are holding trend and found this one this is possibly less well known. - I cant fault the chart while it stays above key moving averages with possibly a bullish flag in play -- 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...

Trader-Dan

The rand has reached a previous important level and swing high of R16.30-33 A break through here could send it to R16.72 initially and open the gates to a bigger flag breakout. Movements on global markets and the the dollar will be key to directing the next move. Minor resistance at 16.15 / Major R16.00 -- MANAGE YOUR RISK - - Disclaimer: All ideas are my...

Trader-Dan

- The chart is close to printing a death cross (50 day moving crossing under 200 day moving average) - R31.00 will need to hold else the double target of round R25 could be on the cards - Alternate scenario we find support at these levels and continue to range -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial...

Trader-Dan

Naspers has had a news release today which the market has clearly viewed very favorable. Currently up 22.5% for the day and above the downtrending 200 day moving average/ Hopefully this is a solid reversal for this stock which has succumbed to the recent Tech wreck . Minor resistance at R2360 / Major at R2650 -- MANAGE YOUR RISK - - Disclaimer: All ideas are...

Trader-Dan

- ARKK is returning to test the 50 day moving average and will be on my watchlist for the week to see how it reacts here. - Currently a double bottom pattern my play out but as the major trend has been down, i will look for a break of neckline and successful retest to attempt a long - Alternatively rejection at these levels could have price consolidate around...

Trader-Dan

- Supergroup has returned to test the 200day moving average after a successful break of the falling wedge . - Currently looking for the bull flag to play out to R35.50 zone - Bulls will need to hold above the 50 day moving average now around R29.00 -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. If...

Trader-Dan

Anglo American has pulled back to a major area of interest where buyers may appear Price action on the lower time frames may give an opportunity to get into a position for a long swing trade Alternatively price will need to confirm support/reversal on the daily. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial...

Trader-Dan

Price has had a decent rally off the R150.65 low Bulls have run into overhead supply now in the ambush zone R165-R169 Failure to push through will likely see the gap become target below -- 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, DM me and i will...

Trader-Dan Updated 

- Bulls want to defend the 58860 level , failure which opens 58143 - Above targets a reversion to 20 day moving average (orange line) and gap on any relief rally -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Price is back to an area of support and volume has picked up - Looking for a move up here towards R30 level. - Stop loss Below R25 -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Bidcorp is trading within a broadening formation and sideways consolidation - Price is still well off the covid lows / PE:27.4 / Dividend Yield 2.2% -No real longer term trade setup here until a key level breaks below R303 or above R336 -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.