jsebaw

Timonrosso

M Formation formed on the daily with Barloworld. The price broke below and this tells us the supply (selling) is stronger than the buying. We have other technical signals confirming the downside momentum. 200>21>7 - Bearish RSI <50 - Lower highs Target R64.17 SMC Above the second rounding top is a Buy Side Liquidity Order Block. This is where Smart Money came...

Timonrosso

Cup and Handle formed on Barloworld after the Breakaway gap. The price then moved sideways and the buyers showed stronger momentum than sellers. Now with gaps there is a 70% chance of the gap closing which is good for when you're trading it using patterns. 7>21 but <200MA Target R107.85 WARNING The Moving Averages are still very close to each other which means...

Sbo_Dhlamini

Barlow word continuation of the down trend

ALSITRADER

JSE:BAW Head and shoulders on weekly chart with neck line been back tested and held. Target is around 2500 low from 2009 on this one.

Sbo_Dhlamini

BARLOWORD trading at major key level a possible bounce or a break down lower to the High Liquidity Zone

ALSITRADER

JSE:BAW Cup and handle bottom in place. Wait for break out.

cgd Updated 

Long BAW at these levels