AWPEARCE1

AWPEARCE1

The currency pair is near to a strong support zone, and i see the dollar strengthening against the euro. I will put my stop loss at 1.6087. Should this support break the down side is great,

AWPEARCE1

The same analysis as for Harmony or any gold counters for that matter. Only difference would change my stop loss to 20,845. Please look at my analysis for Harmony gold.

AWPEARCE1

Harmony close to a strong support line coming from May 2019, and also at the bottom of the range between 51,60 and 18,20. Weekly and daily stochastics show heavily overbought positions. The weakening of the rand in the last couple of weeks has not yet reflected on the share price and i believe the rand to weaken further. As there is a head and shoulder of type...

AWPEARCE1

Instrumentis in a downward trend and has retraced back to a significant Fibonacci level. Also possible cup and saucer forming, and will start playing when that breaks to the top

AWPEARCE1

This instrument is moving sideways and not doing much. I Will only give it some attention once it breaks out of that upper band and turns it into a support. For a short term trader you can make some profit with some swing trading if you feel the urge.

AWPEARCE1

I Personally believe that the gold price will start to increase and that the Rand will weaken over time. candlesticks show a lot of indecision. i will wait for a pullback to buy, or if the instrument passes1581

AWPEARCE1

Daily stochastic oversold, however weekly stochastic still a ways to go down. Bearish engulfing candles suggesting downward turn, I Will reconsider buying at marked green levels

AWPEARCE1

The instrument is nearing all time high zone, although stochastics daily are oversold i would wait and buy closer to the lower green zone which matches with the 200day ma. there are also a bunch of Bearish engulfing candles, which together with the weekly stochastic still overbought points to a further fall in this instrument. Will reconsider buying closer to the...

AWPEARCE1

PPC had a good run, and is now up against strong resistance at R3.44.There are multiple Bearish Engulfing candles on the weekly chart, and i suspect pullback to Fibonacci levels of at least 0.618. I will consider buying shares at these levels as shaded in green on my chart. If i were already in the trade, i would consider taking profits at this point....

AWPEARCE1

STOCHASTICS ARE OVERSOLD ON THE DAILY CHART, NOT SO MUCH ON THE WEEKLY, PRICE ACTION REACHING TRENDLINE COMING FROM MARCH 2020. POSSIBLE NEGATIVE HEAD AND SHOULDER IN TH MAKING, TO WATCH CLOSELY, ALSO POSSIBLE,POSITIVE DOUBLE BOTTOM IF PRICE ACTION PLAYS OUT,

AWPEARCE1

Standard bank has made a nice retrace to Fibonacci levels, Stochastic oversold. Might target the 200dma

AWPEARCE1

Possible invers cup and handle in play within my buying zone as per Fibonacci. I will wait for this to play out first. Weekly and daily stochastics are nearing oversold positions.

AWPEARCE1

Weekly and daily stochastics heavily oversold. Price action fell back to a strong support, which gives a good place to enter trade. i Can not see Chinas economy doing bad any time soon.

AWPEARCE1

With the symmetrical triangle the stock can go either way, depending on the breakout to the top or the bottom. Stochastics are oversold and still keeping in line with the 50dma, The Doji chart patterns also reflect a lot of indecision on the chart. Will wait and see with this one.

AWPEARCE1

Stochastics still overbought on the weekly chart, Strong bearish engulfing candle shows downward pressure, possibly all the way to the 50DMA, WHICH CAN THEN PRESENT A NEW BUYING OPERTUNITY.

AWPEARCE1

Stochastics are overbought. Expect pullback to 50dma level which is also the ATR Sell signal if you are n short term trader. Doji candle implies major indecision in the market. Might set itself up for a new buying signal further down the line.

AWPEARCE1

SHORT TERM BREAKOUT AS FIBONACCI LEVELS CAN BE RETRACED TO 0.38 AT WHICH POINT PROFIT CAN BE TAKEN, UNLESS IT PASSES TO 0.5 WHICH WIL IMPLY BREAK OF THE DOWNWARD TREND FOR FURTHER RISE IN PRICE, BULLISH ENGULFING CANDLES ALSO SIGNIFIES A CHANGE IN THE STOCK DIRECTION. THIS COULD PLAY OUT ALL THE WAY TO THE 200DMA

AWPEARCE1

Note the resemblances in the two blocks, both showing bullish engulfing candles which signals a trend change. Stochastics are overbought but at prices at the bottom of the channel, i can still see prices strengthening in th long term