Hoping this double top plays out to get an opportunity to buy in...
Sappi 2380-2480...Might have missed it, but still looking. Repetitive H&S targeting lower support of upwards channel.
Looks like there are a few things happening with DRD... Gold Price Support at $1840-$1860 seem to be holding, which would be a buy for me at these levels with a stop loss if it breaks, but DRD itself: Possible Head and shoulders Gap 1344-1444 Possible Double top to tests near gap Downward channel from Jul20/Aug20 And Stochastic oversold Not sure which direction,...
Thinking MTN looks like a good buy: Maybe premature, but with current optimism, and relatively low oil prices I think there is a lot of scope upwards (?) Nice Cup and handle forming coinciding with long-term downtrend resistance. Probably more likely that price could break higher with more risk to the upside than to the downside. Thinking we might possibly test...
Looks like Sasol is forming an inverse head and shoulders possibly targeting R140,00 if we see a break above R106,00. Keeping an eye on Oil price.
Is it just me trying to play spot-the- Inverse Head and Shoulders or Can Stadio do a double?
Support ±R2.35 Stoch oversold and crossing Continuation to ±R4.40