techpers

techpers Nov 20, 2023

Monday 20-November-2023, 06h30 JSE Relative Sector Ratings, as of Friday's close.

techpers Nov 20, 2023

Monday 20-November-2023, 06h30 JSE Short Term Technical Ratings, as of Friday's close.

techpers Nov 20, 2023

An extract from today's research notes. To receive these research insights, including trade ideas, get in touch today. Monday 20-November-2023, 06h30 TFG vs TRU - Market Neutral/Pairs Trade View. Over the long term, the two pairs have been closely correlated, however over 3 years, the performance outcome has diverged. TRIU is higher by 96% while TFG has lagged,...

techpers Nov 17, 2023

Friday 17-November-2023, 06h30 Life Healthcare (LHC, 1756c) Yesterday the share sold off sharply (-7.56%) on the back of it's results. Technically, here are two items to note: (1) the gap created on 15 February is close to be filled and (2) the Tactical Trading Guide for both the short and medium term time frames state the following: "Reward-to-risk becoming...

techpers Nov 14, 2023

From my research notes this morning. For more research insights, including trade ideas, get in touch today. Tuesday 14-November-2023, 06h30 JSE Tech vs Top 40 Index. The chart below is the JSE Technology Sector relative to the JSE Top 40 Index and as well as the ratio's distance vs it's 75-Day EMA and 200-Day SMA. Here, I highlight the technology (NPN, PRX)...

techpers Nov 13, 2023

JSE Relative Sector Ratings as of Friday's close. The readings are subject to change. For more research insights, get in touch today.

techpers Nov 13, 2023

I didn't have the time to update you on my TRU short/sell idea however I am doing it now. The share reached the full target of 7420c (from an entry of 8189c). This represented a 9.3% ungeared gain. The original idea was published here on 06 November and is attached to this post. For more research insights, including trade ideas, get in touch with me today.

techpers Nov 12, 2023

JSE Technical Summary: Short Term The attached graphic is a summary of the relevant regimes for various shares. This helps a trader understand if share is either, overbought, in a high bullish momentum/approaching overbought phase, strong, neutral, weak, high bearish momentum/approaching oversold or oversold. The data/table is subject to change (daily).

techpers Nov 9, 2023

Thursday 09-November-2023, 07h22 Strategy Screen: Dis-Chem Pharmacies (DCP). *A strategy screen is a filter derived from my Tactical Trading Guide which aims to highlight a share's technical position or groups certain shares according to their technical reading on the same time frame. Attached is a 2-day chart of DCP

techpers Nov 6, 2023

Sell at current levels or higher. Can it trade slightly higher? Yes. Can it build a short term consolidation top for a few more sessions? Yes. The following factors, however, may favor traders looking to enter a short/sell trade (1) The share has appreciated by 19.8% off it's recent lows (19 October). (2) At current levels, using multiple metrics, the share is in...

techpers Nov 4, 2023

JSE Technical Summary - S/Term Ratings as at the close of Friday 03 November 2023 For more research insights including trade ideas, get in touch today.

techpers Nov 4, 2023

Educational Post Generating Cash Flow Through Active Trading Strategies: Truworths (TRU) As An Example Followers of my research have benefitted from my focus on price and in particular, the short term time frame that looks to capitalize off volatility of share prices. Going forward, I'm looking for TRU to unwind from an overbought range however, here are two...

techpers Nov 2, 2023

This is a 2-day chart. The share is higher by 22% from the buy/long signal as per the tactical trading Guide on end of day on Friday 20 October (proof of reading can be provided, just ask!). As per the Tactical Trading Guide, the end of day SHORT TERM reading is currently as follows: "Would not enter a buy/long at current levels. The reward-to-risk is...

techpers Oct 30, 2023

Trading at a key level + Early Signs Of Stabilization And Potential Recovery? My view is that diagonal trend lines are LESS reliable that horizontal trend lines, however, here is a view to consider. The share is trading at the lower boundary of a multi-year channel which extends back to the lows of March 2020.

techpers Oct 25, 2023

A chart from today's research. For more research insights, including trade ideas, get in touch today. Wednesday 25-October-2023, 10h20 Nedbank Group (NED, 19730c). Monthly Chart. The R200 level is one which I have highlighted in recent months as one to monitor for downside risk. This is a range that been supported by buyers for 19 months and is currently being...

techpers Oct 25, 2023

A chart from this morning's research. For research insights, including trade ideas, get in touch today. Wednesday 25-October-2023, 06h30 Bid Corp (BID, 40966c). The share has traded in a well-defined range, with support (buying interest) at R400 and resistance (selling interest) at R435. It is unknown whether the share will hold the R400 level, however, the...

techpers Oct 22, 2023

I published this chart on Friday morning, pre-market. Friday 20-October-2023, 06h30 Reinet Investments (RNI, 38595c). Lowest Level Since April + Head & Shoulder Technical Formation. The share exceeded my previous short/sell target of R398 (reaching a low of R386) which was followed by a rebound and subsequently, another decline which saw the price trade at it's...

techpers Oct 22, 2023

Gold - Trading at the upper boundary of 50-Day, 2 Standard Deviation Linear Regression Channel + around horizontal resistance.