Evedence

Evedence Feb 7, 2023

Hello everyone, I would like to share an update on a personal trade I took last year in November on one of my favorite companies in the JSE. I went long on S32(JSE) So South32 has been in an uptrend when you look at the monthly timeframe of the stock. On October 1, 2018, the price rejected level 4466, which became resistance broken into and the market found...

Evedence Feb 6, 2023

The price of Thungela (JSE) has been in rejection of the 21528 price level. This level has demonstrated to be a support level as the price bounced off multiple times. The current price rejection is a pin bar candlestick on the support level. Price is currently in a descending channel which is a pattern for a reversal in a downtrend, upon the market making a higher...

Evedence Updated  Feb 6, 2023

on Friday 14th september 2022, we see the stock reject from price 38249, which it then forms a falling wedge pattern. on Wednesday 23rd of novermber, the stock breaks the pattern to the upside and we get a demand zone which has been re-tested at a 50% level. the stock continues to go up. the stock is rejected at the 32555 resistance level in which it starts to...