JSE-APF closed above 92c confirming the pattern. Pole length of 22c and TP of 114c Caution: RSI albeit +ve, its well within overbought terrain and the stock is already trading multi-month highs (Aug/Sep 20)
JSE-ASC: ASC broke above a two-month range (54 - 63) My TP of 72
Looking for a break above 1385 on a daily close and 1429 is possible.
Looking for confirmation above 2620 with a possible TP of 2843
JSE-BLU: BLU has broken the rising channel, albeit on intraday basis Close below 505 exposes 487
JSE-SUI: Watching a possible inverse H&S N/line - 2033 T/p - 2268
JSE-PAN: Watching a potential channel break on the downside A daily close below 337 confirms the move lower and TP 309
JSE:MTN - MTNs have fallen below the rising channel which has been in place since mid-Feb 21 The break and close below 10403 signaled further weakness with 9304 and the 200 week MA of 9112 possible
Recent declines in spot Gold has pushed HARs and other Gold plays lower. The 6210 level failed to hold and 5549 is possible
Looking at 14416 (Rising support trend), if this fails, 13751 then 12595
JSE-BID: Bear flag break confirmed yesterday with a close below 28620 If the pattern plays out fully, I am looking at 24281 as TP
JSE-OMU: broke the neckline on 8th Mar, came back to retest on 10th Mar but failed My downside TP is 1166
JSENTC - Breaking higher on an intraday basis Looking for 1750
JSE-BLU: Having successfully bounced off 462 (rising blue trendline), BLU has broken above 482 on intraday basis A close above the 482 validates the trade and I am looking at 523 then 543
JSE-LEW: Fails to break above the multi-month falling trend line Weekly break and close above 2750-2765 confirms bullish trade The 200 week MA of 3204 is will be the 1st challenge, then 3558, and later 4839
JSE-SHP: Waiting for confirmation at 15176 (Weekly close) TP 17645
JSE-VKE: Broke above falling trend (@780) Looking for 840 then 936-40