VillageTraderZA

VillageTraderZA

The broke the over head resistance. After been in a sideways bound. I will build a position with an initial 1% risk with 6.6 Shares.

VillageTraderZA

Buyers win the tug of war at the 50 day EMA. I raised my stop loss to 210.73 reducing the risk to -0.93% from -1.19%

VillageTraderZA

We have an ascending triangle breakout after a golden cross. I will start to build up a position on AmPlats with an initial risk of 1.59%

VillageTraderZA

Absa is on the on the go. Its been making higher highs and higher lows. However the uptrend chanell range is quite wide. Its a good longer term hold if you can hide you stop well

VillageTraderZA

Looks like the time to buy the dip has come. Nice breakout building up bouncing off the 50d EMA and 200 day EMA

VillageTraderZA

The stock makes a relative high close after holding the 50 & 200 day EMAs. In a good buy spot

VillageTraderZA

Liberty is off to a good start. some caution needs to be exercised with the Standard bank potentially delisting the stock

VillageTraderZA

We a nice ascending triangle pattern. The stock has been trending upward for a while now also Volume starting to pick up

VillageTraderZA

The up chanel has been building up on the right side of the 50 & 200 day EAMs

VillageTraderZA

$MTN now forming an ascending triangle pattern. Maybe this the last bounce of the ascending support before a the R170 breakout

VillageTraderZA

Nice bullish flag with 2.44 risk reward OF R39.50 target

VillageTraderZA

Anglo retests the baseline of the ascending triangle breakout. Closing above the 200 EMA on Friday with a doji candlestick. Proving a good buy opportunity with a tight stop loss just below the 200 day EMA around R573.

VillageTraderZA

The Head & Shoulders break is often followed by a re-test back to the neckline before taking. Such was the case this past week on ApmPlats closing the week off with a couple of dojis right at the neckline. Providing a good buy opportunity with a R1922 target with a tight stop loss just below the 200 day EMA. For a 5:1 Risk Reward ratio.

VillageTraderZA

Some more pain to come on the platinum miner. bearish symmetrucal triangle building up for a R140 target

VillageTraderZA

Nice double bottom for 2RR waiting for a break above the 50 day EMA

VillageTraderZA

Nice bullish engulfing breakout. Holding the 50 day EMA for a short term target with a tight stop at R55 or a slightly wider one at R53

VillageTraderZA

Morning start chart pattern as the stock bounces back above the 50 EMA . short term buy with a R187 target and a R167 stop loss providing a 1.63 R:R

VillageTraderZA

The made a new high jumping to a new box. raised my stop loss to R210.58 raising profit to +4.06% adding another 1% risk to the trade