Trad3r_16

Trad3r_16

Truworths failed to breakout out to the upside and has now retraced all the way back to support. Probably a good bet for a long here with a tight stop loss if it closes below.

Trad3r_16

I would continue to ride this one until such time it closes below yellow TL support.

Trad3r_16

Looking for a breakout to the upside. Potential targets are $12.60 and $15.90. Wait for confirmation.

Trad3r_16

Famous Brands currently trading within the channel. I would be cautious of a bear flag breakout though. Tight stop losses.

Trad3r_16

A breakout from its downtrend potentially targets R36ish.. We wait for confirmation.

Trad3r_16

PPC has seen a lot of interest recently with especially high volumes. Something could be brewing here. In the meantime however, stock is trading in a downward channel. For more conservative traders, look for a breakout to go long.

Trad3r_16

Truworths currently testing double resistance - but graph making nice rising bottoms. A strong close above 41.50 would be bullish (breaking its downtrend)

Trad3r_16

Telkom looking bullish and could go much higher provided breakout level holds.

Trad3r_16

Would like to see Telkom close above R26 on the daily to confirm a long trade. Fundamentally cheap.

Trad3r_16

Astral trading near the bottom of this parallel channel. Look for a reversal at these levels as a possible trade to go long.

Trad3r_16

Daimler looking to breakout from the channel. A close above horizontal line at around 42 should see it move higher. Alternatively, short on a move below the channel.

Trad3r_16

Bidvest currently facing some horizontal resistance (previous support). Bullish on a close above R172. Alternatively could see a reversal to the downside short term - Market has rallied nicely and a pullback possibly due. We wait for confirmation.

Trad3r_16

I am looking to buy some back should it fill the gap - this would be my initial entry point.

Trad3r_16

Brent is very close to the $44.50 TP after breaking resistance to the upside.

Trad3r_16

Sasol potentially targeting R156 (Gap Fill) after this breakout, should it hold.

Trad3r_16

Waiting for a break in either direction to take a position.

Trad3r_16

Keeping an eye on Brent here. Horizontal resistance at around $33.50 currently. A breakout could potentially target $44.50. Alternatively, we could see rejection at around $33.50 where oil could pullback slightly. We wait for confirmation either way.

Trad3r_16

Gold has broken out and looks likely to go higher in the short term. Stop loss below $1680.