A long position has been triggered on JSE:GFI with today's upward move so far. The order was placed because of the upward turn of the stochastic and MACD as well as the crossing of the 3 and 15 EMAs. We are looking at a target at around the R299 level.
JSE:WHL has triggered a short position. The move was alerted by the stochastic, MACD and the crossing of the 2 EMAs. We are looking at a target at around the R55.50 level.
We have placed an order to enter a long position on JSE:CFR based on our trend following momentum strategy. As you can see, the stochastic, MACD and EMA's are all signaling a long position. If triggered, we aim to reach the target at the R2590 level.
JSE:AMS is showing signs of a potential upward move. If the trade is triggered, we are looking to see a move up to the target at around the 850 level. We may find some resistance around the previous highs at the 770 level, so be mindful of that while managing this trade.
JSE:IMP is showing signs for a long position based on the signals from the MACD, Stochastic and the crossing of the 2 EMAs. It has been in a slight downtrend lately, but if it breaks through the highs of mid October, I am quite confident that it will go on to reach our target at the R110 level.
A long has been triggered on JSE:WHL based on our momentum strategy. The MACD, Stochastic and the 3&15 EMA's all have signaled this move. The order was triggered with the upward move of yesterday.
Our order triggered on JSE:MRP after the breakout of the symmetrical triangle yesterday. We expect an upward move from here towards the target at R157
A morning star pattern has formed on $JSE:ARI. This is a bottom reversal pattern so we are looking at a long position with this signal. The trade was triggered this morning with the gap up but has since retraced. We are aiming for a target at the R184 level.
The stochastic, MACD and the 3 and 5 EMA's are all showing signs that we could see an upward move on $JSE:IMP. If the order is triggered, we would like to see a move all the way to the target at around the R132 level.
A long has been triggered on JSE:DSY with today's price action. The MACD crossed upwards back on the 12th of September already and the EMA's and stochastic both signaled yesterdays, prompting up to place the order.
A 5 fractal formed on the 29th of September which caused us to draw a downwards resistance trendline. This line was broken yesterday after it formed a bullish engulfing candle on Wednesday. This engulfing candle is at a strong support level so it bodes well for an upward move. We are still waiting for the trade to be triggered. If it doesn't trigger today, I'm...
The EMA's, the stochastic and the MACD all signaled a downward move late last week. We are yet to trigger our order, but if this momentum continues we will be entered into the short position soon. We are aiming for the target down at the R23 level, but we will evaluate and adjust accordingly as the trade plays out.
A long position was triggered on REINET with today's movement. The order was placed because of the collection of doji candles that formed at the bottom support level along with a fractal. Once yesterday's candle broke through the descending resistance line, the order was placed.
A long position has been triggered on $JSE:KIO. The reason for the order being placed is the development of the fractal at the previous high on 04/09. Then a downward trend formed which was broken on 12/09. Today's price action has put us nicely in the profit so far. Hopefully the momentum will continue until it reaches the target at the 522 level.
A doji candle formed on JSE:CPI at a strong support level. This is often a good indication that a reversal may occur. Along with this, the same candle broke through and closed above a resistance line that started forming on the 22nd of Aug. With today's price action the order has been triggered and we have entered into a long position. We are aiming for a target...
We were entered into a long position on 24th of August based off of our momentum strategy. It took two days to get into a profit situation but with today's price action we are nicely in a profit situation for now. It may find a bit of resistance at the current levels, but once it breaks through I can see it going all the way to the target at the 195 level.
All 3 of our momentum indicators, the stochastic, MACD and 3+15EMA's all signaled a long position last week. On Friday the order was triggered and we were entered into the long position. Today's movement has been slow so far, but it seems like the upward momentum is still in play.
JSE:WHL has triggered a short position based on our momentum strategy. The order was filled this morning on the opening.