LD_Perspectives

LD_Perspectives Nov 1, 2019

Equity CFD | African Rainbow Minerals | ARI, 14769c - Price developing bear flag at neckline of head and shoulder formation. - Re-test and failure of neckline is the preferred short trade level (aggressive) - Confirmation/break of bear flag (conservative)

LD_Perspectives Nov 1, 2019

Technically, something to note - since 09-Sept (green shaded area) the 200-day simple moving average has started to turn higher. Share remains within sideways channel.

LD_Perspectives Oct 30, 2019

BHP - Technicals Following a brief 7-day dip below the support level of 30939c, the price has regained this level while in a 2-day period also eclipsed the channel from the peak going back to 16 September (Line A_B). The 5-day moving average has started to turn up while the RSI is back within the bullish (+50) zone. On the upside, resistance is 32070c, followed...

LD_Perspectives Oct 29, 2019

JSE Gold Index ( J150 )- key level to monitor is 2160. Setup is similar to what we saw in March 2013 & Sept 2016.

LD_Perspectives Oct 24, 2019

Price leaning on incline. Would look for break below as first sign of weakness. Price action (RSI Bearish Divergence) similar to beginning April & September.

LD_Perspectives Oct 23, 2019

Dischem Pharmacies is struggling to break back above the support zone of 2411c to 2430c. This level is now turning into a resistance zone while the downward trend line going back to the peak of 27 November 2018 is also serving as a resistance level . The RSI is rolling over, also losing support. Adding to the short term bearish setup is the 200-day MA which is...

LD_Perspectives Oct 22, 2019

Category: Medium Term Opportunistic - Big base looking to break up here. - 50-day starting to rise. - RSI in bull zone Chart Price: 5455c

LD_Perspectives Oct 22, 2019

Technical Observation: MRP - The downward trend line going back to 18 July is being breached. - While the downward from the trend line going back to 7 May (Line A-B) is far from being breached, the RSI resistance for the same period is attempting the enter the bull zone (above 50). - Higher lows slowly starting to emerge - Current resistance 16244c - Last Price: 16100cc

LD_Perspectives Oct 17, 2019

Vodacom Trade Idea: Previously we had flagged 11625c as a buy/long level. The price has since run up strongly and I think it may be time to reverse course as the share trades at resistance, appearing overextended in the short term. Category: Short Term Active Trading Plan: Short/Sell VOD at current levels 12719 Use a stop-loss of 12950 to protect...

LD_Perspectives Oct 16, 2019

Key levels to watch on monthly: - Trend line support going back to April 2013 - A gradually downward trend line going back to March 2015. - See link to daily chart below

LD_Perspectives Oct 16, 2019

Now on 61.8% FIB Support - Buy/Long Opportunity Levels: Buy now 6910c or better SL: 6630c TP: 7700c

LD_Perspectives Oct 15, 2019

Keep your eye on CPI. - Price at prior breakdown level (May 2019). - Price breaching incline support. - RSI strong but in signaling a bearish divergence. - Yesterday may have been a blow-off candle. Caution to the fresh longs.

LD_Perspectives Oct 15, 2019

MEI - Price strong however I'd be slightly cautious on entering here. Price at swing high. Previous long recommendation 5750c (04-October-2019) Current: 6807c Category: Short Term Active

LD_Perspectives Oct 15, 2019

FSR - Strong move off the 6157 level (flagged). Possible resistance around 6853 (blue dotted line and arrow).

LD_Perspectives Oct 14, 2019

Pause For Implats? - Monthly Chart: During October 2008 and June 2013 we saw the price price support at around R95 to R100. During this cycle the price is re-testing these support levels with the price, on a short term basis, finding sellers at the 104 to 107 level. We may now see a scenario where the prior support turns into a temporary resistance zone.

LD_Perspectives Oct 14, 2019

JSE Top 40 Index (Spot): The index has advanced strongly from our last buy/long call on 03-October at 48232. While we saw the index dip slightly lowers, spending a day or two below the recommended buy zone, the 'swing' higher eventually unfolded with a very strong move higher throughout the course of last week. At current levels, the candle structure remains...

LD_Perspectives Oct 14, 2019

JSE Gold Index (Monthly Chart): My technical view is picking up the potential for price action similar to prior periods, that being January/February 2013 and September 2016 (marked 1 and 2 on the monthly chart). Which level do we watch for a potential breakdown? 2160 on J150 (JSE Gold Mining Index).

LD_Perspectives Oct 8, 2019

Rand / Gold Price: Price is developing a potential bear flag pattern with downside potential to 20878. Relative Strength Index weakening.