blue label (cell C) has broken resistence that has been holding since 2017. blue label is over sold and an acquisition by telkom would increase momentum. i recommend a T.P at R8.00.
ASCENDIS HAS RELEASED SOLID NUMBERS IN THE FY18 AND HAS HAD REVENUE GROWING IN THE LAST 5 YEARS. WHEN WE LOOK AT THE CHART WE SEE THAT THE SHARE HAS BEEN BUILDING MOMENT SINCE DEC18 AND IS CONSOLIDATING AT CURRENT LEVELS CREATING A BULLISH FLAG. A BREAK ABOVE THE RESISTANCE OF THE FLAG COULD TRIGGER A CONTINUATION TO THE UPSIDE.
lonmin has broken resistance and will now expose price levels of R15 PER SHARE. As the sibanye transaction looms over this stock buyers are already putting it on the right foot.
Buy this stock on the pull back or retest of the broken resistance around levels of 2800. the stock is up for a bullish rally and has intercepted previous lower lows and is now forming higher highs and higher lows.
