momoparuk

momoparuk

Growth Point is looking extremely vulnerable,it is testing support,one could consider going short should a break of support occur(A daily close below the support level)

momoparuk

ASSORE IS PRINTING HIGER HIGHS AND HIGHER LOWS,IT MAYBE AN IDEAL TIME TO ENTER FOR A LEG UP...RISKS INCLUDE LOAD SHEDDING AND TRADE WARS.STIMULUS WOULD INCLUDE TRADE WAR OPTIMISM AND RAND WEAKNESS.TRADING ON A LOW PE.IT IS HIGHLY VOLATILE AND NEEDS PROPER RISK MANAGEMENT.

momoparuk

After trading sideways for a while the trend on AECI seems to be turning bullish,could wait for a deeper pullback before entering or start building a small position from now...Either way manage risk,

momoparuk

Vodacom has started showing signs of a reversal of trend,we will look to enter after a pullback towards the 200EMA and some consolidation,it should be noted that the trend on the weekly is firmly down hence manage risk accordingly.

momoparuk

Vodacom has spent a good amount of time above the 200ema,will look to enter on a pullback.

momoparuk

MEI is in the short term overbought,Will wait for a pullback towards the 200EMA before entering again,on the other hand we could see a bull flag in the making,it doesnt pullback but continues it journey upwards.Either way manage risk as always.

momoparuk

Pan is sitting on the 200 EMA support,you could go long for another leg up.

momoparuk

Reunert is beginning to develop a downtrend on the weekly chart and has dropped below the 200EMA,on the daily chart the price has rallied to the underpart of the 200EMA,has consolidated and is beginning its decent,it could be a good area to go short.

momoparuk

SBK is in a clear uptrend,the price has moved into the 200EMA support on the weekly chart,Prudent to look for a consolidation on the daily chart before going long.Stop loss can be below the 200EMA.

momoparuk

BTI has consistently found resistance at the 200EMA ,short BTI in anticipation of another leg down.

momoparuk

after a sharp sell of the share price recovered somewhat ,it is however finding resistance at the 200 EMA.

momoparuk

Voadacom approaching resistance on weekly chart,you could possibly short for another leg down.First wait for consolidation on daily.

momoparuk

After a lengthy basing out Nepi seems like its ready to go...can wait for a pullback before going long in anticipation of another leg up.

momoparuk

Wait for some signs of reversal and then short spar in anticipation of another leg down.

momoparuk

Blulabel is trading in a very very tiny range over the last few days,volatility tightening precedes an explosive move.On a balance of probabilities the break is likely to be to the downside....excellent RRR as well.

momoparuk

Nedbank at 50 ema resistance,could go short in anticipation of another leg down.

momoparuk

BVT is now facing resistance in the 200 EMA,the stochiastic is signalling overbought,wait for some sort of consolidation as a confirmation before shorting this equity in anticipation for a downleg.

momoparuk

MTN on support on the daily chart,consolidating nicely ,but for the next leg up