AGL - Upward momentumJSE:AGL has triggered a long position with today's movement. The stochastic, MACD and moving averages have all crossed upwards, signaling the upward momentum.
ALSI
ANH ShortDisregarding today's move, JSE:ANH is looking good for a short position. If it breaks through the 855 price level, I will enter short.
Short on SASOLJSE:SOL is showing all of the signs for a short position. EMAs, MACD and Stochastic have all crossed downwards. Looking for a move downwards towards the 302 level
Short triggered on ExxaroA short has been triggered on JSE:EXX this morning slightly below our desired level as it gapped down with the opening. We are looking for a move down to the 176 level.
Discovery Cup and Handle formation pointing up!Discovery looks to be on a strong trajectory up since it broke up and out of a Cup and Handle formation (shaded area).
My first target would be around R226.00.
Growthpoint - downward momentumJSE:GRT is showing some great downward momentum and is ready for a short position.
Morning Star on NPHA morning star pattern has formed on JSE:NPH over the last few days. If triggered, this could mean a move to the upsode.
Bullish engulfing - IMPA large bullish engulfing candle has formed on JSE:IMP . This is a bottom reversal signal and I think we could see a nice upward move from here.
Vodacom heading downwardsJSE:VOD is showing signs for a downward move. I will enter short at the 153 level.
PROSUS - LongAs with JSE:NPN , JSE:PRX is also showing signs for a long position as per our momentum strategy.
NASPERS - Ready for a longAll three of our momentum indicators are signaling a long position on JSE:NPN . So if it continues up today, we will enter the trade.
Goldfields - Short on Momentum StrategyGFI is showing a potential down move based off of our momentum strategy. Although it happened a few days ago, the stochastic, MACD and the cross of the two EMAs are all triggers for a short position.
ABSA - Bearish EngulfingA Bearish Engulfing candle pattern has formed on ABG with yesterday's price move. We can consider a short position if the price continues downwards from here.
Capitec - Sideways Consolidation BreakoutJSE:CPI has been trading in a sideways consolidation area since Jan. With yesterday's price action it broke out of the top of the channel, which could mean a good opportunity to go long.
Downward momentum on AMSOur 3 momentum indicators have all crossed downwards on JSE:AMS signaling a good time to enter a short position. The target is at the strong support level at around the 160000 level.
Downward momentum on AGLAll three of our momentum indicators have crossed downwards on JSE:AGL . It is looking good for a short position. Target levels around the support area of late September 2021.
Hammer at SupportA hammer candle has formed on JSE:MNP at a strong support level that goes all the way back to 2015/2016. I think it's possible for a bounce off of this level and a nice upward move from here.
Piercing Line Pattern on SANLAMA piercing line candle pattern has formed on JSE:SLM . This is a good bottom reversal signal. If it plays out, we could be seeing a nice upward move from here. Target levels at the highs from mid-Feb.
Bearish Harami signaling a down move on FSRA Bearish Harami pattern formed on Friday on JSE:FSR . With today's move so far, we have been entered into a short position.
Bearish Engulfing on VODA bearish engulfing candle formed on JSE:VOD on Friday last week. We have entered a short position on this one with today's price action so far.
Bullish Engulfing Candle on WHLA Bullish engulfing candle has formed on JSE:WHL at a strong support level. This is a good bullish reversal signal which is looking good for a long position.
Old Mutual potential shortMomentum is down on JSE:OMU . If it continues downwards, I will enter a short position. I think we could see it go down towards the 1200 support level.
