techpers
Potential Buy Idea Johnson Controls International is an American, Irish-domiciled multinational conglomerate headquartered in Cork, Ireland, that produces fire, HVAC, and security equipment for buildings. As of mid-2019, it employed 105,000 people in around 2,000 locations across six continents.
Potential buy/long The Australia and New Zealand Banking Group Limited is a multinational banking and financial services company headquartered in Melbourne, Victoria, Australia. It is Australia's second-largest bank by assets and fourth-largest bank by market capitalisation.
Breakout Play HF Sinclair Corporation is a diversified energy company that manufactures and sells products such as gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, and specialty and modified asphalt, among others. It is based in Dallas, Texas, United States
Potential buy/long on breakout of consolidation. Saia, Inc. provides trucking transportation to the retail, petrochemical, and manufacturing industries. The Company offers regional, interregional, and national less-than-truckload services, and selected truckload services throughout the United States.
Wednesday 13 December 2023 06h30 Sasol Ltd (SOL, 17124c). Has reached an inflection point i.e. a print at the lower boundary of it's downward trending parallel channel. Current phase = high bearish momentum/approaching oversold. No sign of price stability as yet but remains on the watchlist for a buy/long entry/re-entry.
PICK - Mining & Metals ETF Looking for an eventual break on the upside.
MNP - Upward Momentum Slowing? After a strong run, the upward momentum could be slowing. Note the 2-day candle structure.
Thursday 06-December-2023, 06h30 British American Tobacco (BTI, 53198c). BTI's market update saw it's share lower by almost 11% on the day - it's biggest daily decline since 2019. There's plenty of opinion and commentary, so to differentiate, I'll present my brief manual view as well as the reading from the Tactical Trading Guide as of yesterday's close. Testing...
Technical Summary as of yesterday's close. Readings for: Oversold High bullish momentum Strong Neutral Weak High bearish momentum Oversold
Medium term view. Buy at current levels or lower. The persistent print against the overhead resistance as well as Friday's candle structure may be indicative of the potential for the share to breach it's downward trend and potentially trade higher over the medium term. The strong move higher in Copper Futures may also be supportive of the buy/long view. Some...
Medium term view. Buy at current levels or better (lower). Following multiple rejections of it's downward trend line, the share could be primed for a change of trend. As always, traders could consider the following if/when the share approaches the target: bank/take profit, partially scale out, adjust the stop-loss to protect profits. Time stop: 27 March...
Tuesday 21-November-2023, 07h11 NewGold PLATINUM ETF (NGPLT) - it is said: 'from failed moves comes fast moves'. The ETF may possibly be developing a failed breakdown from the neckline of a topping structure. These are often great setups to participate in bullish reversals. Here, the key level to reclaim and retain is 15950.