RossLarter

RossLarter

JSE:MRP has triggered a short position. This is based on the stochastic turning down through the 80 line, the MACD going into the negative and the crossing downwards of the two EMAs. We have placed our target down at the 166 level which coincides with the lows of mid July.

RossLarter

An evening star pattern has formed on JSE:ANG . This is a bearish reversal signal so I think we can potentially see a downward move from here.

RossLarter

A double top formed on JSE:CPI over the past few weeks. With today's big gap downward, the short has been triggered. Hopefully it doesn't go straight back up and close the gap, but that remains to be seen.

RossLarter

We have entered a short on JSE:BID based on the downward crossing of the Stochastic, MACD and now the two EMA's.

RossLarter

All three momentum indicators have crossed downwards on JSE:CLS signaling a short position. Our target is around the 264 level.

RossLarter

The stochastic, MACD and now the two EMA's are all showing possible signs of a short coming up on JSE:EXX . If it continues lower, we will enter short. Target around the 184 level.

RossLarter

The price has broken out of a symmetrical triangle pattern on JSE:NPN . If it continues downwards, our short position will be triggered.

RossLarter

JSE:AGL has broken out of the sideways consolidation area that it has been trading in since the end of July. With the breakout the price action has triggered a possible short position that we will enter into if the price continues downwards.

RossLarter

Using our fractals strategy, JSE:CPI has signaled a possible long position coming up. The price broke out through the descending resistance line and, if it breaks the high of yesterday, we will be entered into a long position. The stochastic isn't at the most desirable location but it could still play out nicely.

RossLarter

All of our 3 momentum indicators have crossed down on JSE:MRP , signaling a possible short position. With today's opening, we were triggered into our short position with our target matching up nicely with the lows of mid July at the 165 level.

RossLarter

JSE:BID has broken out of a sideways consolidation that it has been trading in since mid June. If it continues upwards, I will enter a long position.

RossLarter

A Bearish Harami has formed on JSE:BHG at a resistance level. A Harami is often a sign of a reversal to come. If it continues downwards, I will enter a short position.

RossLarter

A short position has been triggered on JSE:PPH signaled by the bearish engulfing formed last Friday. Looking to reach a target at the low reached on 26 May 2021.

RossLarter

A bearish engulfing candle formed on JSE:ABG on Friday. With this morning's price action, we have been triggered into a short position. The stochastic and MACD are also confirming this move.

RossLarter

JSE:CLS has been trading in a sideways consolidation zone since early May. With the price action on the 16th of Aug we finally broke out of the sideways move. If it continues up, I think we could be looking at a nice long position.

RossLarter

After taking a while, our trade on JSE:INL has finally triggered long. This alert was based on the turning upward of the stochastic, MACD and moving averages. We are looking at a target at around the R105.50 level.

RossLarter

All three of our momentum indicators have crossed downwards on JSE:ANH . Our target level is 787, but failing that, I'm sure we will get to the previous lows at around the 805 level.

RossLarter

With today's price action we have been triggered short on JSE:BTI . If this momentum continues and it breaks through the 665 level, we could see it reaching our target at around the 600 level.