VillageTraderZA

VillageTraderZA

Firstrand We have a nice bearish flag on the share. The previous week’s bearish engulfing candle looks to be playing out. We also had a golden cross in the early stages of the flag formation. If we break below the R34 level, we could see some further pressure on the share. R29, 25, and R14 levels are potential targets. We might see some reactions at those...

VillageTraderZA

Mediclinic The share has been trading in the R65-R54 range since late 2019. With a breakout earlier this year, with what proved to be a false break. Forming a head and shoulders pattern Weekly game plan villagetrader.co.za

VillageTraderZA

We have a nice bullish engulfing on Massmart. Engulfing the past couple of days. flirting with the 200 EMA at the moment. Looking for a break above that 3580c levels. Long trade looks very interesting to me

VillageTraderZA

The price restest the base of the flag. providing an even better entry. descent risk-reward

VillageTraderZA

We have a tiny bearish flag on Vodacom. The has been sandwiched between R137 and R111 since 2019. The R122 level had been strong support. I’m looking for a break below the R122, and a close below R118 (3% break). My initial target is the R111 level and my second target is the R101 support. I have concerns about the risk-reward on the trade. I will potentially...

VillageTraderZA

We have a bearish flag on Mr Price

VillageTraderZA

We have a bullish flag on Kumba. The share closed the week with a bullish engulfing candle. After testing the base of the flag. Looking for a close above R509.97 the high of the engulfing candle on the daily chart. Targeting the R639 levels.

VillageTraderZA

We have a descending triangle pattern on JSE after share respected the 200 day EMA

VillageTraderZA

Bullish flag on Impala platinum

VillageTraderZA

We have a bullish flag on DRD, with the Gold broken through $1900 on the falling wedge. gold miners are bound to follow suite

VillageTraderZA

Investec gives us a second bite of the symmetrical triangle short trade with an even more elegant entry. If you missed the first breakout. The market closed with a Hammer candlestick a bearish candle. and a decent risk-reward ratio

VillageTraderZA

We have a descending triangle pattern on Top40 a break above 50700 resistance could potentially see us hit all-time highs at 55k levels.

VillageTraderZA

FX:USDZAR Falling wedge on USDZAR, a break above R17 could potentially lead to some further rand weakness. Targeting the R19 levels

VillageTraderZA

JSE:ARI We have a nice falling wedge on African Rainbow Minerals

VillageTraderZA

JSE:CPI The price broke out of the range on the 30th of September 2020 and confirmed closing above R1024. The price close above both the 200 Week and day EMA. target is that R1319 previous minor support. Will be monitoring price action if/when the price gets closer to that level. The split from PSG group is important to note. It will possibly trigger some...

VillageTraderZA

JSE:REM WE have the three white soldies on Remgro. break above 9636c we could that gap fill

VillageTraderZA

TVC:GOLD A nice falling wedge. I'm watching gold miners closely

VillageTraderZA

JSE:TRU Truworths The share has been on a downtrend downward, trading below the 200 week EMA. We have a symmetrical triangle pattern that formed. The share is now at ⅔ I’m looking for the break below the base of the triangle on the daily chart. Full plan - villagetrader.co.za