JSE:PPH is going long based on our momentum strategy. All 3 indicators (stochastic, MACD and EMA's) are showing upward momentum.
JSE:REM is going long based on our momentum strategy. All 3 indicators (stochastic, MACD and EMA's) are showing upward momentum.
JSE:SBK is going long based on our momentum strategy. All 3 indicators (stochastic, MACD and EMA's) are showing upward momentum.
Our order to go short on JSE:APN has been triggered with today's price action so far. We are aiming to reach the target down at the R186 level which lines up nicely with the previous low/support level of 24 Jan
There is potential for a short position on JSE:SOL coming up if the downward momentum continues. The stochastic and MACD crossed downwards a few days ago signaling a short position and with Friday's move, the 3 and 15 EMAs have crossed downwards as well. We are aiming for the target down at the support level around the R132 area.
A symmetrical triangle had formed on $JSE:EXX. Yesterday's price action broke through the triangle in an upward direction, triggering a long position. Today's momentum has remained strongly upward. If this momentum continues over the next few days I can see us easily reaching our target
A long position was triggered on JSE:MTN this morning with the high of the day so far. It has retraced since and is testing the support level, but once it breaks through, we should see a clear path to our target at the R117 resistance level.
All signs are pointing to an upward move on JSE:BHG We have started the day with some nice upward momentum and if it continues, we should have the order triggered later on in the day. We are looking at a target around the R622 level.
A long has been triggered on JSE:NPN with this morning's opening price. It has since retraced a bit, but will likely continue with the upward momentum. Our alert is based off of the stochastic and MACD turning upwards as well as the crossing of the 3 and 15 EMA's. We are aiming for a target at around the 3600 level. This level coincides nicely with the highs of...
JSE:FSR has formed a descending triangle pattern since mid Feb. Yesterday's price action broke through the bottom of the triangle, triggering a short alert. If triggered, we are looking to ride it downwards all the way to the 55 level.
A bullish harami formed on JSE:KIO with yesterday's price action. This is a bottom reversal signal, so we can expect an upward move if it plays out. Our target at 530 lines up nicely with a resistance zone, so if it get's going, I don't see why it wont reach target.
ARI has shot up today, triggering our long position. We had an order in based on the stochastic, MACD and EMA signals. Hopefully this upward momentum continues all the way to our target at around the 200 support/resistance level.
After breaking out of the symmetrical triangle on 4th of March and triggering our short order, we are still looking good and it seems like the downward momentum is set to continue. Still aiming for the target at the 480 level.
JSE:ABG is looking good for a short position as the EMA's have crossed downwards along with the stochastic and MACD all signaling a downward move.
JSE:FSR is showing all of the right signs for a potential upward move. It missed our order by 1c this morning, and seems to be moving downwards for today possibly testing the 3 EMA. Our order might be triggered next week sometime and hopefully we'll go all the way to the target at R75
The stochastic, EMAs and MACD are all signaling a long position for $JSE:CLS. Our stop loss is placed just below the previous support level low and we are looking for a target at around the 349 level.
A symmetrical triangle formed on JSE:CPI from mid Jan and with yesterday's upward move it broke out of the top of the triangle. Generally, we see a nice continuation once the price breaks out of a triangle. Hopefully we will reach our target at the 2315 level.
JSE:PPH is filling all of the criteria of our momentum strategy for a potential short. If triggered we are looking at a target around the 17.46 level or at the very least the previous low at around 17.50