JonathanOtero7f

JonathanOtero7f

BHP has been trending downwards since the beginning of March. A break below R410 could mark a big changing point however, if we start to consolidate and go sideways we could have a great trade opportunity on our hands. Traded R418 in London this morning so expecting some downside tomorrow morning.

JonathanOtero7f

A break above R44 resistance triggers the ascending triangle pattern with full target at R60. Close below previous swing lows at R40.50 cancels the trade idea.

JonathanOtero7f Updated 

Close above R22.80 triggers long idea. 1st target at R24 and full target at R26. Stop loss below R22

JonathanOtero7f

SLM holding that R60 level of support. Long idea with a stop loss a close below R60. First target is back to R64.

JonathanOtero7f Updated 

SLM made a bearish pin bar with volume on Friday after results, not a good sign. Below R63 triggers the short idea towards support at R60. Above R65 short idea is out.

JonathanOtero7f Updated 

Still stuck in a bull flag and after a decent trading statement CPI is showing signs of resistance at R1395. Above R1400 triggers the long idea otherwise we remain stuck in the flag. First target on the flag is R1480. Close below R1320 cancels the bull flag idea.

JonathanOtero7f

IPL broke its short term downtrend above R44 and has been consolidating between R45 and R46. Volume been done at R45 showing support. A close above R46 triggers a further move to R48. Below R45 we could back to R42.50 support.

JonathanOtero7f Updated 

Break of R137 triggers long idea. With 1st target at R150 and full target at R170. Stop loss close below R130

JonathanOtero7f Updated 

Long idea triggers with a close above R195. First target at R200 and full target at R210. Stop loss close below R188

JonathanOtero7f Updated 

BID has found some serious resistance at R290 of late. A close above will trigger a long trade. With a stop loss below R275. First target is R300 with full target at R350.

JonathanOtero7f Updated 

A close above R47.60 triggers long idea with a target of R52. Stop loss would be a close below R45 once buying signal has triggered.

JonathanOtero7f Updated 

MTN is consolidating between R71 and R73. A break on either side would decided which direction we go although currently the trend is up so probabilities are on the long side.

JonathanOtero7f

VOD is approaching a big level of support at R122. Longs will be placed with a stop loss below R120 and target price of R130.

JonathanOtero7f

A break above R180 triggers the long idea with 1st target at R190 and full target at R210. Stop loss is a close below R170.

JonathanOtero7f

FRS is making a descending triangle. A close below R49.60 would trigger a short towards R46.40.

JonathanOtero7f

A break of 60 000 on the ALSI could trigger a sell off towards the consolidation we had back in January at 59 000.

JonathanOtero7f

Small bull flag in the making. Buyer has been collecting stock at R105. Stop loss below previous lows at R103. First target at R110 with full target at R115

JonathanOtero7f

VOD looks like it could come back to support at R122/R120. This has been one hell of a range for a while. Seller has been stepping down from R129 and last week stood at R125. Look for some support at R122 and further at R120. Stop loss below R118 with 1st target at R130.