JSE:OMN is at an area of value. For investors' sake the stock better find the support here otherwise things aren't looking good. Bounce up to R74 seem like an impossible task, that path of least resistance is going down to R51. Not looking good.
JSE:PPH is now trading below the previous support level. The stock might continue to fall to ~ R16/share. No (long) position.
JSE:SLM breakout with massive volume. The price is also above the 2022 mid-August high of R59.50/share. Financial services could be onto something.
JSE:ANH has had an impressive run since it bounced off that support level, we didn't have a position. A confirmed breakout at the resistance level warrants a long position.
JSE:PPH is now trading below the (badly drawn) support level, if the stock close below this level by the end of the week we might see it touch R16.50-ish. No position.
JSE:TGA is now trading below R200/share. Technically, R175 is a possibility. No position.
Despite the recalls that threatened the upward move during the week, NASDAQ:TSLA anticipated upward move is still intact.
We don't always talk crypto but when we do we always get it wrong. That looks like a breakout following a previous breakout level retest. Again, we get crypto wrong most of the time. So.
After turning bullish on JSE:SSW , the market decided to give us hands. One badly mismanaged position. At best we could've broke even on this trade. Onto the next one.
JSE:AMS fell to the potential support level, as shown in a previously shared idea. NYMEX:PL1! is weak and PGM miners are receiving hands from that weakness. Will there be buyers here?
JSE:HCI is attempting to break above the previous high. This could also be a potential resistance level. Bulls vs Bears. We always root for the upside.
JSE:PPH looking weak. Just shy of 24 months consolidation, a Stage 3 breakdown will be horrible for holders. Should we blame JSE:SNH ?
JSE:CPI closing the week weak. Volume rarely matters in down moves.
Hopefully JSE:TGA it does't close below this level otherwise R175 becomes a possibility.
NYSE:BTI is showing signs of weakness, maybe it's that sky capture thing. The stock might test R600, unless there are buyers to push the price up.
JSE:CPI undercut the "few weeks" support level. JSE:CPI is also trading below declining key MAs. Bearish in my view.
JSE:MNP is trading near an area of value. If there are buyers, the stock may break above this level. However, there is a potential overhead resistance near R367. Is the potential reward worth the risk?
JSE:BVT (pending) breakout. We've already seen a decent move on JSE:BID last/earlier this week, maybe the Bidcorp magic might come to JSE:BVT .