$STX40 Satrix 40 ETF. Weekly inverted head and shoulders breakThis break on the weekly chart could indicate a target of 85 000 or 14% upside potential.Longby KoosKanmarUpdated 0
$STX40 Satrix Top 40. Inverted head and shouldersInverted head and shoulders on the weekly This market is already up 10,44% for the year and looking at that inverted head and shoulders target of 85000, it does not look achievable for this year. A 85 000 target will give a total return of 26% if achieved during 2024. I'm cautiously optimistic. ThiLongby KoosKanmarUpdated 0
Comparison of SA Top 40 vs the SWIX Index ETF'sComparison of SA Top 40 (using the Satrix 40) vs the SWIX Index ETF's clearly shows that over a 5yr period an investor would have better off sticking with the Top40.by smichas40
Bearish Sentiment on Satrix Top 40Satrix Top 40 1. Price Formation: The price has broken out from an inverted Cup and Handle price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a sign indicating short-term bearish momentum. 3. 200-day Moving Average is above the PriceShortby Sahle1
Satrix Top 40 Aims for R80 Price Mark Satrix Top 40 Aims for R80 Price Mark 1. Price Formation: The price has broken out from a symmetrical triangle price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating short-term bullish momentum. 3. 200-day MovLongby SahleUpdated 2
STX40 (Satrix)South Africa Top 40 USD/ZAR = 18.88 Is there rain or sunshine up ahead? Either way, I'm slowly accumulating and adding the STX40 ETF to my Tax Free Savings Account (TFSA). I have remained liquid and have finally started to buy on larger pullback days. I have started building my position with an aby TalkingCents221
5yr Relative performance of SA40 vs Emerging and US Markets5yr Relative performance of SA40 vs Emerging, World and US Marketsby smichas40
YTD Relative performance of SA40 vs Emerging and US marketsRelative performance of SA40 vs Emerging, World and US marketsby smichas40
our market off to the racesOur market is off to the races. The top 40 had a beautiful breakout on Friday with a follow through today. Nice Ascending triangle breakout. with a target at 7650. I dont think the market will end there. I think the market will run even further Longby VillageTraderZA2
Better late than never - Santa RallyBetter late than never. Santa came in a late with the rally this year. Top40 looking well poised to take out the head on H&S completely invalidating the pattern. Putting risk fully onLongby VillageTraderZA2