RossLarter

RossLarter

An order to go short has been placed on $JSE:AGL. It has broken out of the bottom of a sideways consolidation zone and if it continues downwards it will trigger our order. Target is at 441.

RossLarter

Our long position on JSE:CFR was triggered this morning with the price action so far. We are looking at a target at the resistance levels at around 3390

RossLarter Updated 

As with our alert on JSE:BHG , JSE:GLN has broken out of a consolidation area. If it continues to trade higher, we will be triggered into a long position.

RossLarter

An order to go short has been triggered on JSE:EXX with today's move. The order was placed based on the turning down of the stochastic and the MACD as well as the crossing of the EMAs. The price has gone up a bit today so far, but I am confident that it will go downwards from here. If not, we adjust our plan accordingly.

RossLarter

JSE:GFI has broken through the bottom of a sideways consolidation area and is looking good for a short position if it continues downwards and breaks through the 264 level.

RossLarter

JSE:AMS has broken out of a sideways consolidation zone that it has been trading in since mid April. With today's price action so far our order to go short has been triggered. We are looking at a target all the way down at the 650 level, but will adjust according to the price action as it goes down.

RossLarter

JSE:BHG has been trading in a sideways consolidation zone since the end of March. With yesterday's price action, it broke through the top of the box. If it breaks the high it formed yesterday, we will enter a long position.

RossLarter

JSE:NED has broken out of a sideways consolidation that it has been trading in since mid April. With the current momentum, I think we could see a move all the way up to the highs last seen at the end of March 2022.

RossLarter

JSE:MRP is showing good upward momentum and has triggered our long trade. Our target lines up nicely with the support/resistance level at 160

RossLarter

According to our momentum strategy, JSE:ABG long position has triggered with today's price action. It has retraced a bit throughout the day, but it should continue in an upward direction with this momentum.

RossLarter

JSE:KIO has broken out of a descending triangle pattern and has triggered our long position. Target is at the 560 level with a stop loss below the base of the triangle.

RossLarter

JSE:FSR has triggered a long position using our momentum strategy. Target is around the 67 resistance level.

RossLarter

JSE:DSY is looking good for a long position. the stochastic and MACD turned upwards a few days ago and now finally the EMAs have crossed upwards, confirming the signal. If it trades higher than it currently is, we will be entered into the trade.

RossLarter

JSE:AGL broke out of a long term descending triangle and has triggered our long position with today's price action so far. We are looking at a target around the 664 area with our stop loss just below the bottom of the triangle at around 538.

RossLarter

VELOCITY:EURJPY has formed a head and shoulders pattern. Target around the 142.30 area

RossLarter

JSE:BID is showing signs for a potential long. After the fractal formed on Monday, it has since broken through the 5 candle descending resistance line. This could mean a nice upward move if it continues upward and triggers the trade.

RossLarter

JSE:APN has been threatening a reversal for over a month with the crossing downwards of the MACD, followed by the stochastic about 10 days ago. Now the 3 and 15 EMA's have finally crossed downwards triggering a short signal. If the trade gets taken, we will aim for a target around the 154 level.

RossLarter

Potentially a long opportunity coming up on $JSE:SSW. The stochastic and the MACD both signaled this earlier on, but the EMA's have now crossed which confirms the trade. We are looking for a target at around the 4800 level.