BUY PROSUS AT BREAKOUTProsus has shown a strong price rejection at support level. We can place long positions as price breaks above 200 EMA and crosses our trendline(which at this setup is our resistance indicator).
1TY trade ideas
Prosus Staying Rangebound?Prosus - Short Term - We look to Buy at 68.11 (stop at 65.01)
We look to buy dips. Trading within the Channel formation. Previous support located at 68.00. Previous resistance located at 80.00. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 77.39 and 80.50
Resistance: 80.00 / 90.00 / 100.00
Support: 68.00 / 65.00 / 60.00
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AG Capital -Storm trading Morning Call 28 January 2022We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
PRX 6 month Bearish consolidationPRX is trading below all long term moving averages (250,150,50 EMA's)
if this 180 day's consolidation breaks to the downside the target can take price to around R965 level.
AG Capital -Storm trading Morning Call 24 January 2022We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
AG Capital -Storm trading Morning Call 20 January 2022We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
PRX.ASThis content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. Investment involves risk.
AG Capital -Storm trading Morning Call 15 December 2021We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
PROSUS - Consolidation- Prosus has been consolidating since July after a solid leg down
- Price action indicating this is possibly a good launch pad to target R1450 initially then a move to the (R1541-R1636) retracement zone
- Failure at the lows will open a new leg down
- -- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
PROSUS (PRX) (D)Prosus is potentially working on an Inverted Head and Shoulder Formation.
It will need to break above the Orange Line and the 200EMA , to potentially begin an upward trajectory.
AG Capital -Storm trading Morning Call 22 NovemberWe give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
PRX IHSPossible invert head and shoulders forming on PRX. The head measure 10% so one can expect a 10% rally if it can break and close above the neckline.
The red lines shows resistance just above the neckline. Interesting chart nonetheless.
Trade ideas are my own and not financial advice.
Inverted Head & Shoulders on ProsusJSE:PRX has formed an inverted head and shoulders pattern. With a break of the neckline we could see a move to the target at around the 160000 resistance level.
$PRX Prosus Looking like a buy opportunityBacked by a good set of results Prosus looks like it could break from this inversed head and shoulders formation with a target of around 1600.
AG Capital -Storm trading Morning Call 11 novemberWe give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
PRX: more downside potential?Downside price momentum supports a bearish trend.
RSI leaves enough room for further such downside.
A price action below 127700 supports a bearish trend.
ADX suggests a strong bearish trend gaining strength.
MACD bearish crossover applicable.
AG Capital -Storm trading Morning Call 28 October 2021We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
Watching RectangleRectangle not yet activated. Needs to break 80$ resistante. If you trust in charting and rectangles, current stop is 65.90$ zone.
AG Capital -Storm trading Morning Call 26 August 2021 We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
AG Capital -Storm trading Morning Call 24 August 2021 We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
Prosus NV - PT € 140RSI indicator are showing that Prosus NV is oversold.
For educational purposes only.
JSE:PRX Prosus Remains WeekFollowing Naspers we have seen a bounce yesterday but this should not be seen as a recovery. It could cause some sideways action but there is still some down site to come.
