Tokyo Gas Co., Ltd., founded in 1885, is the primary provider of natural gas to the main cities of Tokyo, Kanagawa, Saitama, Chiba, Ibaraki, Tochigi, Gunma, Yamanashi, and Nagano. As of 2012, Tokyo Gas is the largest natural gas utility in Japan. The idea is via a custom screener.
TICKERS THAT MATCH (SUBJECT TO CHANGE) ANG ANGLOGOLD ASHANTI BVT BIDVEST GROUP HAR HARMONY GOLD MCG MULTICHOICE (CORPORATE ACTION) VKE VUKILE PROPERTY An overbought rating often overlaps with high bullish momentum however the long-side reward-to-risk can be unappealing. How can traders approach these shares and how can it lead to a trading opportunity? The...
JSE Technical Summary: End of Day Wednesday 06-March-2024 Technical Summary: Mid & Large Caps, as of Yesterday's close. Here, you are able to view which phase a share might be in. Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
Part of my note for tomorrow: SSW Sibanye Stillwater was not included in yesterday’s (published) Tactical Trading Guide as it was not one of the largest 40 in terms of market capitalization. It did however appear on the technical summary as ‘high bearish momentum/approaching oversold’. In terms of the Tactical Trading Guide (my raw/sorted data), I noticed that...
Update: 7203 The share trading at all-time highs and has advanced from the entry (see original idea attached). Toyota was also I had an a buy idea in July 2022 2000 Yen, now 3700 Yen.
JSE Technical Summary: End of Day Monday 04-March-2024 Technical Summary: Mid & Large Caps, as of Yesterday's close. Here, you are able to view which phase a share might be in. Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
Friday 01-March-2024, 06h30 | DATA POINT OF INTEREST: Top 40 Index Seasonality Over 20-Years (March): Average: +0.11%. Median: -0.14%
Tuesday 27 February-2024, 06h30 | SBK Standard Bank | I do my utmost to provide a balanced perspective, specifically with regard to multiple time frames. My communication with clients suggest that there is demand for the Tactical Trading Guide and if you are a short term, active trader, there are always opportunities to generate cash flow around core positions....
Broadridge Financial Solutions, Inc. is a public corporate services and financial technology company founded in 2007 as a spin-off from management software company Automatic Data Processing. We first opened our doors in 1962 as the newly formed ADP Brokerage Services Group with one client processing an average of 300 trades per night. Since then, we’ve grown...
UBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland. Headquartered in Zürich, it maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world. Screener buy/long candidate.
M_M (Mahindra & Mahindra) - Now +11%. Original idea attached.
Friday 23 February-2024, 06h30 | AVI Ltd | Massive upside follow-though from the bull flag setup at R68 (published Monday 24 July). Now trading into resistance + negative divergence as per the 14-day RSI. Also noted is the share trading around 4x it’s average distance vs it’s 200-day SMA over the last decade. See the two charts below:
Wednesday 21 February-2024, 07h55 | NPN Naspers Ltd | With Tencent +3% in Hong Kong this morning, it is likely that NPN rebounds in line with this move. As per yesterday's end of day tactical trading guide, the short term reading (1-10 days) is as follows "...expect a small rebound". See extract on chart.
'Distance Divergence'. Similar to the traditional bullish or bearish divergence used when looking at a MACD, RSI or Stochastic, the 'distance divergence' is where the indicator (price distance vs moving average) develops a lower high or higher low vs the price. At current levels, Sasol (SOL) is printing a lower low however, the distance vs the 75-day EMA (i.e. the...