Trader-Dan

Trader-Dan

-SAPPI is breaking out of a consolidation period - Stochastics are oversold - Looking for a move towards the 200ma -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:SAP

Trader-Dan

- A cup & handle pattern has formed on HYPROP - Trade presents a low risk/reward for a long entry -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:HYP

Trader-Dan

- MTN continues to edge its way upwards towards the daily 200 ma - Any break below the trendline or lower lows could signal a bearish change in direction - Better entries will present themselves on smaller time frame / pullbacks. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:MTN

Trader-Dan

- After a massive surge up, price is finding a level of support from the recent pullback. - Looking for a move towards the 200ma -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Price has come back to test a region of support - Stochastics are oversold - A failure here could open further downside - Price action will give clues to the next move -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- ZNGA continues on a steady up trend and has broken out of a bullish flat top triangle pattern - This is a good place to add to the current trade as posted previously.-- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Alsi has had an impressive run from its march lows , almost 18600 points

Trader-Dan

- Teladoc operates in the virtual healthcare world and is well positioned in the current COVID business environment - Its in a steady uptrend and is breaking out of a bull flag pattern - Stop loss can be placed under the last swing low, no take profit as will be aiming to follow the trend on this one. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my...

Trader-Dan

- The share has come off quite a bit since it released earnings. - Potential area of support - Will be looking for a higher low on the hourly to confirm entry -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

Sasol still got a way to find a supportive trendline Also a move higher on oil prices from here is very unlikely with current global events -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:SOL

Trader-Dan

Many of the COVID effected stocks (entertainment / tourism / airplanes) gave a decent pullback trade to the upside. PLAY is coming back to an area of interest where i will be looking for some support (or lack of it) Key will be a higher low / break of downtrend -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial...

Trader-Dan

- Decent area to go long on a swing trade - Closed with a hammer on decent volume yesterday -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- We looking at 2 scenarios when it comes to the EURUSD pair - A long of the break above 1.257 - A short of the break below 1.115 In both scenarios the higher probability trade will be when price breaks the level , retests and continues in the direction of the trade. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as...

Trader-Dan

- SP500 is possibly forming a sideways range here after the the strong uptrend from the March lows - Price is above the flat 200 moving average - A break and close below 2980 will signal further weakness and deeper pullback. - Above 3170 will signal a continuation of the recent uptrend. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and...

Trader-Dan

- The ETF has been in a solid uptrend since the lows in March 2020 - Price is breaking out through horizontal resistance (on volume) - Opportunity to jump on the momentum with a stop loss below the last swing low or break of trend -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:STXFIN

Trader-Dan

- WTI Closes gap created 6th March 2020 TVC:USOIL

Trader-Dan

- The stock ended the week on a bullish note and looks set to continue its trend higher - Any weakness towards R19.00 level will present a better buying entry and risk /reward - No target as exit will be determined by a break of the uptrend or price structure. - Note gold stocks are volatile and necessitate a wide stop loss -- MANAGE YOUR RISK -...

Trader-Dan

- Price has formed a nice base, initial breakout has come to test support, potential double bottom in play... -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.