RossLarter

RossLarter

A bullish Harami pattern has formed on a string support level on JSE:BTI . Looking for a move up to the R780 level.

RossLarter

A potential short position has triggered on JSE:GLN based off our 3 momentum indicators, the stochastic, the MACD and the crossing of the two EMA's. If triggered our target will be down at the R82 level. This coincides nicely with a strong support level from earlier this year and late last year.

RossLarter

We are looking for a small downward move on JSE:FSR based off of the formation of a bearish engulfing candle on Friday. The short has been triggered and the target is at the R62 level.

RossLarter

The stochastic, MACD and 3 & 15 EMA's are all signaling a long position. With the price action just after opening this morning, the trade was triggered long and we are in the trade. Looking for a target at around the R176 level.

RossLarter

A bearish engulfing, which is a top reversal signal, has formed on JSE:PPH . It also looks like the stochastic and MCD and stochastic are about to signal a short very soon too. We are looking for a downward move all the way to the target at around the 21.25 level.

RossLarter

A bullish harami pattern has formed on JSE:MNP . A bullish harami pattern is a bottom reversal signal which signals a possible long position. With this morning's movement so far, the order has triggered. We are looking to reach a target at around the 342 level.

RossLarter

JSE:APN is showing downward momentum and could be ready for a short position. The stochastic, MACD and EMA's have all crossed downwards. We are looking at a target for this trade at around the 119 support area.

RossLarter

A bearish engulfing candle pattern has formed on JSE:EXX . This candle pattern also coincides with the top of a downward channel that it has been trading in for the last month. We can anticipate a move towards the bottom of the channel at around the 182 level.

RossLarter

A bullish flag formed on JSE:WHL . The breakout occurred with yesterday's strong upward momentum. If it breaks the levels formed yesterday, we will enter a long position. Target level is at 7280 which hasn't been reached since 2017. Let's see how this one pans out.

RossLarter

It has taken a while, but finally all 3 of the indicators have crossed on JSE:BID . We are looking to ride the move upwards all the way up to the resistance level at around 319.

RossLarter

A long position has been triggered on JSE:BHG . We could see this move go all the way to the target at around the 507 level. Be mindful of the resistance level at around the 460 level.

RossLarter Updated 

A Bullish Harami has formed on JSE:FSR which is a bottom reversal signal. It has triggered our long position and we have a target at around the 64.40 level. There is however, a gap that needs to be closed at around the 61 level. Be aware of this, as it may close the gap and come down instead of continuing upward.

RossLarter

When JSE:SLM breaks through the 5230 level we will enter long based on the stochastic, MACD and the crossing of the two EMA's.

RossLarter

With today's opening, JSE:MRP missed our trigger price of 185 by 1c. When it breaks through this level, we will be entered into a long position with the target at the 211 level.

RossLarter

JSE:BVT is looking good for a long position if price breaks through our trigger level at 206

RossLarter

JSE:ANH is showing signs of a potential long position based off of our momentum strategy. That means the stochastic has crossed up, the MACD has crossed up and the 3 and 15 EMA's have crossed in an upwards direction.

RossLarter

A bullish engulfing candle pattern has formed on JSE:EXX . This is a bottom reversal signal, so we could see a move up to around the R22 level.

RossLarter

A long position has been triggered on JSE:BTI based off of the turning of the MACD and the stochastic as well as the crossing of the 2 EMAs.