zeerotrader

zeerotrader

We may derive the following from the Weekly WHL chart: 1. Price made a good break out of the major downtrend. 2. However, the new uptrend failed to close above 6000. 3. At this point, price may find support at the current 5000 level. 4. Wait for an opportunity to present itself. And as always - maintain your risk. Note: The views provided herein do not...

zeerotrader

We may derive the following from the Weekly MEI chart: 1. After price broke out of our consolidation, it is now testing the main downtrend. 2. It is uncertain if it will break, so we need to monitor it closely. 3. Wait for a long setup and be patient before trading. 4. As always - maintain your risk. Note: The views provided herein do not constitute...

zeerotrader

We may derive the following from the Weekly NED chart: 1. Price has back tested the main trend line and failed to move back to the upside. 2. Price now appears to be completing a correction. A break should result in further downside. 3. Monitor price action and be patient before trading. 4. As always - maintain your risk. Note: The views provided herein do...

zeerotrader

We may derive the following from the Weekly SBK chart: 1. Price appears to have finished a correction. Last week's bearish candle shows promise of this. 2. Our first target remains in place at R160. 3. Continue to exercise patience. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.

zeerotrader

We may derive the following from the Weekly CPI chart: 1. Price has recovered significantly - in fact, it is not far off from testing the ATH. 2. We need to carefully watch price at these levels. Generally, reversal patterns occur at top levels and may allow for sells. We also need to ensure that we are also accurate in doing so, because price may break through...

zeerotrader

We may derive the following from the Daily TKG chart: 1. Price dropped quite significantly from the ATH. 2. Whilst we are not attempting to call the bottom, price action is slowly starting to indicate a change in trend. 3. Monitor price action and look out for upside pattern formations. 4. As always - maintain your risk. Note: The views provided herein do...

zeerotrader

We may derive the following from the Daily WHL chart: 1. Price is yet to solidly break through the 5850 level, however the uptrend is still intact. 2. A close above at least 6000 may result in a strong bull run - which is still anticipated. 3. Monitor price action and be patient before trading. 4. As always - maintain your risk. Note: The views provided...

zeerotrader

We may derive the following from the Weekly VOD chart. 1. Price has finally closed well outside of our downwards channel. 2. It is more probable to say that the the trend is slowly changing to the upside. 3. If you haven't bought yet, I would rather wait for a pullback. 4. As always - maintain your risk. Note: The views provided herein do not constitute...

zeerotrader

We may derive the following from the Weekly WHL chart: 1. Price has been testing the weekly horizontal resistance a few times. 2. A close above may result in a strong bull run. Be prepared. 3. Monitor price action and be patient before trading. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.

zeerotrader

We may derive the following from the Weekly TKG chart: 1. Price has dropped significantly from the ATH. However, we need to keep in mind that the sell off may present new buying opportunities. 2. The purple box represents a major retracement level and as such we need to watch price action for a potential buy. 3. Monitor price action and be patient before...

zeerotrader

We may derive the following from the Weekly APN chart: 1. Price has respected the double bottom. 2. It is probable that price will test the resistance level first and come back down. 3. Monitor price action and wait for a long set up. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.

zeerotrader

We may derive the following from the Weekly DSY chart: 1. Price has been slowly correcting over the past few weeks. 2. It is probable that price will test the trend resistance line and then continue further down. 3. Monitor price action and be patient before trading. 4. As always - maintain your risk. Note: The views provided herein do not constitute...

zeerotrader

We may derive the following from the Weekly MEI chart: 1. Price successfully broke out of the weekly range. 2. It is possible that price may return to test the range. Alternatively, continue higher. 3. Monitor price action and be patient before trading. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.

zeerotrader

We may derive the following from the Daily VOD chart: 1. Price was slightly bullish last week and appears to have formed a "cup and handle" pattern. 2. It is probable that price may drop for a bit and then return to test the neckline before a potential breakout. 3. Monitor price action and be patient before trading. 4. As always - maintain your risk. Note:...

zeerotrader

We may derive the following from the Weekly JSE chart: 1. Price has found some support on the weekly channel bottom. 2. It is possible that price may move higher and test the channel middle/high. 3. Monitor price action and be patient before trading. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.

zeerotrader

We may derive the following from the Daily SBK chart: 1. Price appears to have completed a correction and is now on support. 2. A push to the downside is, i.m.o, probable after a slight move higher. 3. Monitor price action and be patient. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.

zeerotrader

We may derive the following from the Daily CLS chart: 1. Price tested the double top area once and may test it again before a move down. However, it could break to the upside. 2. We will need to wait and see what price does - either giving us a long continuation trade or short initiation. 3. Monitor price action and be patient. 4. As always - maintain your...

zeerotrader

We may derive the following from the Daily APN chart: 1. Price has tested the daily resistance a few times. 2. We will need to wait and see what price does - a close above should push the price higher and fill the gap. 3. Monitor price action and be patient. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.