This is from the last update. We saw an Inv Head and Shoulders from AUg 2023 to December 2023. The price then broke above the Brim and the entire market went through an uptrend trajectory. Higher lows each time, one fakeout, then a continued bullish momentum nuation. Price remains above the 200MA and 20MA which signals upwards to come. The target remains...
Bull Diamond Break up and out of the resistance for Vukile It looks good target R15.27. With the JSE showing a strong bull market since the crypto meltdown. Investors are looking to deposit and move their money into safer and more stable markets and instruments.
Staying on the theme of weak stocks with some volume buying in the background Vukile is showing some strength in its weakness. The TR formed after the selling climax (SC) has been weak in the price action but the volume shows significant buying on the up moves. We are now testing the breakout level. Not quite ready to go in but a good reversal bar with some (but...
Vukile is still in a downtrend, broke below previous support (that now acts as resistance) to make a new low and is now trading back at said line at 5.50