can jk break 150 level? low volumes does not mean so, what do u say?
JSE:SAP formed a bearish engulfing candle pattern yesterday which could signal a reversal. This seems to be whats happening at the moment. For the lat couple of months it has been making lower lows quit regularly. If the price breaks through the latest lower low from the 16th of Jan, I will consider entering a short position.
Mondi is a global leader in packaging and paper, delighting its customers and consumers with innovative and sustainable packaging and paper solutions. Mondi is fully integrated across the packaging and paper value chain - from managing forests and producing pulp, paper and plastic films, to developing and manufacturing effective industrial and consumer packaging...
UFS DOUBLE TOP PATTERN BREAKDOWN: 47.96 TARGET: 37.43 (-23%) NEGATIVE MANSFIELD. NO CPM. SECTOR REALLY WEAK: XBJD
Failed mergers, an industry where consolidation and change are struggling to bring shareholders value. There's a lot to be wanting to try and keep up with the current "value" market. However, International Paper will struggle fiercely to try and impress. Lowest fib level is what demonstrates the inability of the company to break out. We've now plunged under it and...
Daily candle on the USOil shows a gold cross, depending on the data of inventories on USA that will be publish tomorrow and the fundamentals on OPEP production limits, we might brake the down turn. We have to pay attention to the Overbought signals on the RSI as well. #papertrade
I posted this chart before and was stopped out on a failed breakout. UFS came down and tested prior support one more time before now trying to break out again. It would be good to have a little consolidation before a breakout for a better stop loss level. The monthly pivots come in right at prior support levels, so depending on momentum i would take R1 at around...