Trader-Dan

Trader-Dan

- Price tested the 200ma and has formed a IHS which should open a new leg up - A break below 141.25 will target gap close below on the failed pattern trade - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. NYSE:SPOT

Trader-Dan

- Price has rallied hard today - Putting on the watchlist to see if this resistance zone will hold up - No position currently JSE:INP

Trader-Dan Updated 

- Bullish setup (flat top triangle) - Likely to open with a gap up but looking for pullbacks to enter - measured move targeting 56619 and gap above around 57165 JSE:J203 - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Downtrend intact - Bearish breakout to the downside , would like to see a close with a bit more volume. - Opportunity to keep riding with the stock down, tight SL above R 51.50 else R55 for a wider stop. - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Updated 

- Breaking down out of a rising wedge - Weaker RAND will hurt financials stocks - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Updated 

- 200ma trending down - Price reversing off major downtrend - Head & Shoulders pattern in place - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:SHP

Trader-Dan

- Important level for the ALSI to hold onto - It will get nasty if we break below the low on volume - tochastic oversold and turning up

Trader-Dan Updated 

- Breakout of price on the daily NASDAQ:AVGO

Trader-Dan Updated 

- Price is moving within the rising channel - Resistance was expected at this level FX:US30

Trader-Dan

- After a decent move up, price is clearly finding resistance at the 200ma - Bulls attempted 3 times but have so far failed (although volume is low) - Will look to enter on any attempt to move up and target the retracement levels

Trader-Dan Updated 

JSE:MEI On the watchlist Possible scenarios: 1) Price continues to make a new shortterm high and the bull flag target comes into play 2) Bulls succumb to the trendline resistance that is in place and the failed bull flag plays downward towards the 200ma Will be watching today's close and tomorrow for clues on when to enter a position. - MANAGE YOUR RISK...

Trader-Dan

- Will the monthly trendline be enough support for a swingtrade - Some decent volume in this area - Decent value JSE:SAP

Trader-Dan Updated 

- Falling wedge off a rising 200ma - Close above previos day high will confirm - Financial stocks seemed to have started pricing in the move yesterday

Trader-Dan Updated 

JSE:BVT - Price is trending nicely above the 200ma - IHS can been used for initial target - TP / SL & R:R on the chart - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Great looking chart - Broken out of the major downtrend - Bullflag breakout on daily timeframe - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. NYSE:CAT

Trader-Dan

- Price breaking out of a long trading range - Measured target will be the range width - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. AMEX:IWM

Trader-Dan Updated 

- Targeting Head & Shoulders measured move - SL above the right shoulder JSE:J203

Trader-Dan Updated 

- Price is at a major resistance level - Bear flag has developed - Closed wih an indecision candle (spinning top) - For a less risky entry, wait for the close below the flag on the daily - R:R is 1>2 - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:KIO