VillageTraderZA

VillageTraderZA

Resources have been building a rally, oil continuing its run, benefiting Sasol and MTN. Its been a generally good week for resources.

VillageTraderZA

When they say buy the dip, they mean buy the support line that hold and has held few times before. such is the cash on pepkor

VillageTraderZA

Buyers continue to defend the 50 day EMA. Looks like sellers are running out of stock as demand builds up. All the stock needs now is a catalyst

VillageTraderZA

Demand comes back at the supply/demand area. Buyers defending the price holding the 50 day EMA. The stock is well poised to break the 9000c resistance for a further rally

VillageTraderZA

The stock broke the R300 level for the first since Jan 2020. I raised my stop loss to R274.20 securing +0.37% profit. I will add 1% risk to the trade

VillageTraderZA

The stock broke the R2016 resistance following a golden cross. I will start to build up a position in the stock with an initial stop loss at R961.46. Putting on a 1% risk

VillageTraderZA

The stock came back above the 200 day EMA for the first time in a while recently. It came back to retest the 200 day EMA on Friday. If the stock breaks R250 there’s a nice place for a R304 target with a R233 just below Friday’s low and the 200 day EMA.

VillageTraderZA

TFG Turning back above the 200 day EAM. With a stop loss just below the consolidation traffic

VillageTraderZA

The stock moved strongly to a the higher box. I raised my stop loss to R151.68 increasing the profit to +1.15%

VillageTraderZA

The stock jumped back above the 50 day EMA. Holding the 50 & 200 day EMAs. I will build a position with an initial stop loss at R192.60

VillageTraderZA

The stock broke the ascending triangle reversal with a golden cross. I will start to a build a position with a 1% risk. Initial stop loss at R200.40

VillageTraderZA

The stock broke the R492 resistance. I will start building a position with an initial 1% risk, with 1.6 shares

VillageTraderZA

The stock broke the R698 resistance. I will start building up a position with a 1% risk.

VillageTraderZA

In this week's stocks in play Shoprite $SHP Ascending triangle looking ready for a breakout. Let's wait for the close and see #JSE

VillageTraderZA

Nice inverse hammer bounce off the the 50 day EMA. providing a nice a risk reward opportunity

VillageTraderZA

Nice breakout providing a nice R:R opportunity. Discovery starting the well

VillageTraderZA

The stock broke the short term consolidation resistance . I raised my stop loss to R147.43 raising my profit to +1.39% profit. I will add a 1% risk to the position with 7 Shares

VillageTraderZA

The stock is back above the the 50 day EMA. Holding the uptrend support with a doji. I will build a position with an initial 1% risk with 52.5 shares