Things could look ugly. Would be a nice short if this south
Something's up with coal prices and it is pulling EXX up. Cup and Handle formation playing out.
There could be something here with this big volume spike (my favourite event). The indicators are in the right areas for a buy.
MTN has been consolidating for a while now and this sudden spike could signal the start of a rise in the share price.
This good be good for the share in the next week or so.
The share has been suppressed for over a year due to a big seller forcing the price down. Someone came in to mop up 700 000 shares today. Could be interesting to see what happens next.
AVI has been lagging other shares, but it seems to be forming a nice base for a 10% upside movement on both the daily and weekly charts. RSI is a bit in no-mans land, but stochastic looks good.
HELP The Macd on the Daily Chart has been trending upwards but the price is trending down for weeks now. The Monthly Chart seems to indicate a monstrous Head and Shoulder pattern which spells disaster. The company is trading at a PE of 7 which is low for a poultry company. Is there a poultry disaster on the horizon? Bird Flu? Massive oversupplies of birds which...
APN's weekly RSI is entering the oversold region and I am hoping for a turnaround from these levels. The fundamentals of the company have not changed and the share is well priced at these levels. Some traders believe it will go down to R100, though.
Both the weekly and monthly RSI indicate upward pressure and the MACD is supporting it. Possible pullback after it hits R14,50 as the daily RSI is close to top which could result in sideways movement; but this could be a long term growth share from these levels.
TFG HAS AGAIN BROKEN THROUGH THE 40 WEEK MOVING AVERAGE. IS IT GOING TO RUN UP? I THINK SO.
The RSI shows NED breaking slightly upward of the previous trend. Will it continue upward towards R110 or turn sideways? Nerves of steel needed here.
BTI has been disappointing with its sideways move. It is now at the top of the channel and I am hoping for a break to the top. On the other hand the top of the channel could be a resistance and it may continue its downward trend.
This share seemed to have bottomed out as per the MacD. The bullish Harami signals possible upward trend.
ANH has performed well to a bearish flag pattern. Hopefully we can see it hitting R100 shortly.