techpers

techpers

Speculative trading opportunity, with the view that we could see a reversion to the mean in the short term to medium term. We could see the share continue to consolidate in the R224 to R229 range however the following is my view on the potential opportunity. With the U.S. energy sector (XLE) being a leader overnight (+3.5%), we could see some form of buying filter...

techpers

Anglo American Plc relative to the JSE Top 40 Index is back below the 200-week since early February (lower panel). Note the ratio having been rejected at the prior demand supply zone and breaching incline support.

techpers

Last week Tuesday I published a short on Sappi at 4817c, with a target of 4380c, which was hit 2 days later. Today the share hit it's lowest level since September with a low of 4244c. Original idea attached. The majority of my research insights are published for clients and occasionally highlighted on this platform. To become a regular recipient of my...

techpers

Medium Term Opportunity: The share appears like to lose support of a multi-month demand zone and potentially break down from a 3-month topping structure. The momentum indicators have shifted from 'neutral' to 'weak' while confirmation is a close below 0.8735. The price has also shifted below it's near-term moving average and is likely to be sold on rebounds. Time...

techpers

One of the charts from my note this morning. Monthly Chart: Can't clear 135, risk sub-116. I also published charts on Dis-Chem, Mr Price Truworths and Bid Corp. If interested and for more research insights, including trade ideas, get in touch today.

techpers

Short term idea published earlier on our client platform. Entry at current levels (4817c), or on an intraday rebound. Key Technical Drivers: Poor candle structure at horizontal support + MACD below zero with a bearish crossover + 14-day RSI below 45 (nearing a breach of the incline support). Also note the share has struggled to reclaim it's 200-day SMA. Should...

techpers

Cross Asset Volatility Yesterday evening I reviewed several names in my report THE SUM OF THE CHARTS. These included NPN , GLN , SSW , AMS and more. For more research insights (including trade ideas) get in touch today.

techpers

Key Markets: Ratings Yesterday evening I reviewed several names in my report THE SUM OF THE CHARTS. These included NPN , GLN , SSW , AMS and more. For more research insights (including trade ideas) get in touch today.

techpers

Key Markets: Ratings Yesterday evening I reviewed several names in my report THE SUM OF THE CHARTS. These included NPN, GLN, SSW, AMS and more. For more research insights (including trade ideas) get in touch today.

techpers

Treasuries (IEF) relative to Sub-Investment Grade (JNK) | Weekly Chart | Similar to Jan-March 2020, a larger spike in the ratio could suggest higher levels of stress. Note the +2% move so far this week. For more research insights, including trade ideas, get in touch today.

techpers

African Rainbow Minerals relative to JSE Top 40 Index (Weekly Chart). Noticed the multi-year incline being breached/at risk. Lower panel. Ratio distance vs 200-w SMA contracting, signaling potential loss of LT momentum. For more research insights (including trade ideas) get in touch today.

techpers

Long Term: Still in the upper boundary of the range - Copper - High Beta vs Low Beta - Growth vs Value - EM Currencies - AUD/USD - Consumer Staples vs Consumer Discretionary - Semiconductors vs S&P 500 - Russell 2000 ETF - U.S. Dollar Index (Inverse)

techpers

Medium Term: Turning Up - Copper - High Beta vs Low Beta - Growth vs Value - EM Currencies - AUD/USD - Consumer Staples vs Consumer Discretionary - Semiconductors vs S&P 500 - Russell 2000 ETF - U.S. Dollar Index (Inverse)

techpers

At the upper end of the range. - Copper - High Beta vs Low Beta - Growth vs Value - EM Currencies - AUD/USD - Consumer Staples vs Consumer Discretionary - Semiconductors vs S&P 500 - Russell 2000 ETF - U.S. Dollar Index (Inverse)

techpers

Per my comment on Monday. The share now close to the 50-EMA following results. For more research, including trade ideas, get in touch today.

techpers

Over the medium term, sentiment has weakened. The components are as follows: - Copper - High Beta vs Low Beta - Growth vs Value - EM Currencies - AUD/USD - Consumer Staples vs Consumer Discretionary - Semiconductors vs S&P 500 - Russell 2000 ETF - U.S. Dollar Index (Inverse)

techpers

Just a view on the daily time frame... I also published my view of the weekly chart. To access my weekly view, get in touch today.

techpers

NYSE Composite - spike in 5-Day Lows (further confirmation of a deterioration in breadth). For more research insights, including trade ideas, get in touch today.