$JSE-BHPJSE:BHP
From false move come fast move.
False break lower few weeks back run to the top of the range
False break higher few days ago and looks going to test bottom of the range again.
Jsetop40
$JSE-MEIJSE:MEI
Bullish flag been broken.
First target around 7500
Ultimate target for flag is around 8700/8800 level where gap is still open
Turnaround for MEI?Hitting some resistance might see some movement downward if momentum runs out
The idea is based on my strategy, please consider before using this idea.
Feel free to comment whether you agree or not, I welcome conversation.
Remember to use a stop-loss and manage risk.
Note: The views provided herein do not constitute financial advice.
$JSE-BIDJSE:BID
Is one of the shares that don't care about current sell off and would be one of the good bet to go long when market turns.
Few days ago it made big engulfing bar and current action is still inside that bar, making symmetrical triangle.
Wait for range to break before you take position.