Trad3r_16

Trad3r_16

Nice breakout from Daimler - targeting 40 or so if it holds.

Trad3r_16

Really hope this isn't what it seems to be forming..

Trad3r_16

Index is currently testing resistance at around ~40 800. Bias is probably to the downside - but will be interesting to see over the next couple of sessions, especially with Oil spiking today on the back of Chinese buying.

Trad3r_16

Despite breaking out of the channel to the downside initially, the S&P rallied back to close back within the range. Could this signal the beginning of a bounce..?

Trad3r_16

I still suspect a very strong bounce on the smallest hint of corona virus fears subsiding. But until then..

Trad3r_16

This looked almost unlikely just a few weeks ago, but if the market has taught me anything, is that it doesn't care what I 'think' or what seems 'unlikely'> Trade the price folks.

Trad3r_16

Graph says it all.

Trad3r_16

I would wait to see Shoprite break out from this channel before going long.

Trad3r_16

Sell off might be overdone for one day. That and the fact that we are now testing support could be reasons for a relief rally from these levels. We wait for price action to determine direction however.

Trad3r_16

Kumba has pulled right back to TL support. Probably worth a stab here.. tight stop loss.

Trad3r_16

This is what the trajectory of a Tesla car launched into orbit by SpaceX would look like.

Trad3r_16

Our TOP40 (South Africa) Index is currently coining - we wait for breakout in either direction to get a better idea of the bigger picture.

Trad3r_16

Bullish if this area can hold.

Trad3r_16

Brent Oil initially bounced off what I interpreted as a double bottom. My target at this stage was around $75. Unfortunately this did not play out and the price has come all the way back down to the new horizontal support.

Trad3r_16

If Platinum can close above $1 040, it could potentially target 1 190 thereafter.

Trad3r_16

Bitcoin - Keep an eye on this potential bull flag. Could see $14k if pattern plays out.

Trad3r_16

Coronation needs a strong close above R45.60 in order to pursue its secondary TP of R56.50

Trad3r_16

Potentially targets $110 as an initial target if pattern plays out