TiggzzPhi

TiggzzPhi

$JSERPL, in what looked like a rejection of a H&S (3Sep19), RPL is now back within the right shoulder. I am looking for a close of 1900 and above to confirm the setup

TiggzzPhi

$JSEHYP is not out of the woods as yet, despite bouncing off immediate support 6495 but still within the falling trend For HYP to reject the set up, immediate resistance will come in two forms: 14d MA (6578) and upper band of the falling channel (6600) I will wait for the break lower of the falling channel to confirm the bearish flag formation

TiggzzPhi

$JSEAPF is having another bite at 280c, failure to hold could see the stock falling as low as 197c as the descending triangle formation plays out.

TiggzzPhi

$JSESRE seems to be gathering momentum on the upside and the flag formation will be confirmed by a close above 1300-1305 range.

TiggzzPhi

Following the bounce of the support (519/520), $JSEAFH is now looking to break out of the falling channel and could retest 540. RSIs supporting the move higher while Momentum us is diverging

TiggzzPhi

Yesterday I published ah hourly chart of $JSEHMN, with a question: is this another false b/o? It turned out it was and with the price reversal, the daily chart now clearly shows a bearish flag formation. I am looking for a close below 3920/25 for the break out with intermittent support around 3811 later 3711. Full target on the downside is around 2861

TiggzzPhi

$JSEHMN has had two false break on two different indicators: bearish flag and H&S formation. Recently the price pattern formed bullish flag formation, subsequently breaking out on the upside. However this looks like it could also be short lived as the price seem to have stalled and retracing a bit. Momentum indicator is still +ve while RSI has turned...

TiggzzPhi

$JSERES - rice action resembling that of an ascending triangle but will wait for it to break out on the upside to confirm. Looking for a close above above 6450.

TiggzzPhi

$JSESGL still looks good as long as it holds above the 1960ZAR level.

TiggzzPhi

ASR broke the neckline a session or two ago before retesting the neckline and losing it again. As indicated, its multi yr set up and will take time to reach target.

TiggzzPhi

Keeping a close eye on NRPs as a bullish flag is being formed.

TiggzzPhi Updated 

The rising support trend has held well to date and will be interesting to see if it holds following the breakout of the bearish flag formation at beg of the month.