The three momentum indicators are all showing signs of a downward move on JSE:MTN . Entering a short position.
JSE:SOL is showing signs of downward momentum and is looking good for a short position.
JSE:CLS is trading in an upward channel and has recently bounced off the bottom. Based on momentum indicators, it looks like it could be gearing up for a nice upward move towards the top of the channel.
JSE:PPH is showing signs of upward momentum and looks good for a long position.
JSE:NPH is showing signs of upward momentum. I will enter long if it breaks the 21100 level.
With today's price action, JSE:GFI , GFI has broken out of the symmetrical triangle that it has been trading in. Along with that, the stochastic, MACD and EMA's have all crossed which indicates upward momentum. If it continues upwards, I will enter a long position.
JSE:FSR is showing good signs of upward momentum whilst trading in an ascending triangle. If it breaks through the top resistance of the triangle, I will enter long.
JSE:EXX is looking good for a long position if it breaks the previous high formed on 20 Jan.
JSE:ANG is looking good for a long position. The EMAs, stochastic and MACD are all showing upwards momentum.
JSE:GLN is showing a textbook setup for a long position using the crossovers over the EMAs, the MACD and the Stochastic.
The stochastic, MACD and the 2 EMAs have all crossed, signaling a long position on JSE:S32 .
All 3 of the momentum indicators on JSE:MNP have crossed, signaling a long position.
JSE:CPI is looking good for a long position based off of the three momentum indicators.
An inverted H&S is forming on JSE:SLM . It hasn't quite reached the neckline, but it could potentially do so soon. Our momentum indicators are also showing a buy signal. If it breaks the neckline, I will enter long.
All 3 momentum indicators have crossed on JSE:BID - looking good for a long position.
JSE:SBK has broken through top of ascending triangle. Good signal for a long position.
JSE:REM is showing signal for a long position using our momentum strategy.
JSE:NED has broken through the top of the ascending triangle pattern. Looking good for a long position.