- As per previous analysis, price broke out of the symmetrical triangle and has touched the 200ma
- A positive move on volume (Stochastics oversold) - Earnings coming up on the 26 feb - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Follow more ideas on Twitter: @dctraderdan
- As per last week's analysis, price closed below the megaphone pattern and the important zone of 57200 will be breached today - the gap from the 4th Feb will be a magnet - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- $10500 - $11000 remains as a tough resistance area for Bitcoin - Shortterm uptrend is in jeopardy here - Looking for a decent pullback before entering long - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Follow more ideas on Twitter: @dctraderdan
- Nice breakout of the gold here - Looking to test the pin bar fromthe 20th Jan TVC:GOLD
- Price bounced straight off the 200ma - Looks like the recent down trendline is breaking - Earnings coming out on the 21 Feb will be a major catalyst - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Follow more ideas on Twitter: @dctraderdan
- Flag breakout continues to play out
- Decent pullback on ALSI - Trading within a megaphone pattern
- Difficult to find shares on our local market that are actually trending up - SIRIUS Real Estate is bucking the trend JSE:SRE
- Stock has been climbing a parabolic curve - Stochastic oversold (Daily) - Possible move to R1290 (Monthly resistance at - Below R1035 will negate the trade - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:AMS
- The Alsi has retraced to the 61.8 level of the last down move - The bullish flag targets the upside gap but perhaps we get a breather first , stochastics also oversold - Below 57200 i will look for bottom gap as target - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Follow more ideas on Twitter: @dctraderdan
- Stock has been moving up nicely since our last post. - We at a key resistance level which needs to break for further gains. - Expect some sort of consolidation and a recharge (stochastics overbought) - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Follow more ideas on Twitter: @dctraderdan
- JSE:IPL - Share has been beaten down quite a bit - Recovery looks to be on the way - TP / SL / R:R on the chart
- After a sold move down, price is attempting to break out of the down sloping wedge - Possible long entry developing (still time in the daily candle), stochastic oversold. - Today's close will be key - NB ( This is a countertrend trade) - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Follow more...
- Price up against resistance zone of a major trend line.. - Looking at a move back to the 200ma / 20ma.
- Stock ended the month of Jan 2020 on a new high and has formed a nother bull flag that has opened the way to move above R700 in the short term - Also note being a defensive stock it will be favoured in the current market climate. Link added below to original idea - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Sasol has been sold off quite agressively over the last couple of days - Stochastics are oversold and we at the bottom of range - Looking for longs - Oil data out today JSE:SOL - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.