VillageTraderZA

VillageTraderZA

JSE:GLN We have a beautifully clear Head & Shoulders pattern on the Glencore share. Shorting the share below the R38, Stop loss at the R40 levels (highs of the right shoulder), targeting the R32 levels (Height of the head)

VillageTraderZA

JSE:BVT We have a Head and shoulders pattern on the Bidvest chart. Looking to long the stock the break of the neckline at around R144 with the stop just above the right shoulder. Target is the R159 (The height of the head)

VillageTraderZA

NYSE:XOM A nice H&S pattern forming on the EXXON share price. The stock had been bearish for a while now. If/When the price breaks through the neckline (Below the $40.93 level), gives a good shorting opportunity with decent Risk/Reward ratio.

VillageTraderZA

JSE:TFG A bullish divergence on TFG group with the price making lower lows but the stochastic oscillator making higher lows. Plus the the MACD cross-over. If the share breaks though the 7666 high on the Daily chart. I am interested in longing the stock, to close the gap at the 10200 levels.

VillageTraderZA

A bearish triangle on JSE:FSR Financial stocks are under pressure. The 50 day EMA seems to hold on the 4th wave. If the price breaks a and closes below the support of the symmetrical triangle I'm looking to short the stock. The risk reward is favorable

VillageTraderZA

JSE:CPI The SA Fini Index confirmed a bearish flag. Meaning financial stocks are under pressure. Monitoring price action at the 79000c levels. If it break below those levels. Interested in shorting $JSECPI Target the 430000 levels.

VillageTraderZA

JSE:ANH A bearish Flag developing on AB In-Bev. Waiting for the setup to break out of the flag. Monitoring if the 50 EMA will hold as support or the price will break below it and out of the flag.

VillageTraderZA

JSE:SOL Bullish triangle on $SOL. The price created the 4th wave. If the market breaks out the 5th wave. high probability price will continue making higher prices. Monitoring the price action if the price breaks out the triangle. Projecting the length of the widest side of the triangle upwards for the target price. And the stop loss should below the low of...

VillageTraderZA Updated 

JSE:J212 I a huge Bearish flag on the J212 Waiting for the break to the down side first. With the majority of the top 10 constituencies in bearish territory.

VillageTraderZA

The market has broken out the flag. Stop loss above the 10871 levels target the height of the flag projected down about 1:7 R/R

VillageTraderZA

OANDA:NZDUSD broke from the bullish flag. Looking to Long this if breaks above the recent high of 0.66005. Stop below the recent low of 0.065028, target the previous resistance. around the 0.961 level

VillageTraderZA Updated 

JSE:J212 The 7SMA crossing, a close above 10703, would then be a confirmation. We also have an ascending triaging pattern. breaking out it would further confirm my long bias

VillageTraderZA

Head & Should pattern, waiting to see if the market will break through the neck lin

VillageTraderZA Updated 

A short signal with the 7 Moving Average crossing the 21 Moving Average. Now we wait for the market to close below 10123.91. JSE:J212 The market failed to break the 21 Weekly moving average, suggesting we still in a down trend