This chart Study shows the recent price action. Was way beaten down, and now reflects some optimism. Does carry risk, but for those risky it could be still a good buy. Oh. Smash that Rocket Button to show your appreciation for my chart study. Regards Graham.
Coronation Prints Inverse Head & Shoulders Pattern as seen on this simplified Line chart. Technical Analysis show this to be a Bullish Signal. Use your own discretion and get an Expert's advice when making any Investment or Trade decisions. Smash that Rocket Boost Button to show your Appreciation for my Chart Studies. Regards Graham.
Sibanje Stillwater Kwadoonks. "Slang" If a Stock made a noise as it PLUNGES DOWN. My April / May 2023 Fibonacci Study showed the FIB - 0 to be R16 Do these Retracements work? Wow I did not expect that coming. Please use this study for education purposes only. Smash that Rocket Boost Button to show your Appreciation for my Chart Studies. Regards Graham.
I'm looking for other Expert Analysis on this. Please comment and show me where I might be Wrong. Got R30k in this stock @ R46.
RICHEMONT is showing a healthy Bounce Back after the recent Earnings report. The Trend Cloud shows areas of possible Support and Resistance. Also noted is that if one held during the recent Drop, that you would still be in the Green. Patience maybe? Get an Expert's Advice before making any Trade or Investment Decisions. Smash that Rocket Boost Button to show your...
RICHEMONT is showing a healthy Bounce Back after the Earnings report. The Trend Cloud shows areas of Support and Resistance. Also noted is that if one held during the recent Drop, that you would still be in the Green. Patience maybe? Get an Expert's Advice before making any Trade or Investment Decisions. Smash that Rocket Boost Button to show your Appreciation for...
Dischem has shown a healthy recovery to +-R29.00 The recent Elliott Wave Count is now Ice Blue as it's > 5 and a correction is expected. I will have to do a FIB Retracement to find where this could be. Get an Expert's Advice before making any Trade or Investment Decisions. Smash that Rocket Boost Button to show your Appreciation for my Chart Studies. Regards Graham.
Prosus has shown a nice Up Trend from the recent Lows and Double bottom. This is an update from my recent Study. Possible Key Resistance and Support levels are depicted. Get Expert Advice when making any Trade or Investment decisions. Smash that Rocket Boost Button to show your Appreciation for my Studies. Regards Graham.
Purple Group Shares Price Tank -10% further to the down-side. The Charts show some more pain to be had. I might be wrong, but the CEO did increase his Salary? Will need to find out if this is correct. Suspicious purchases seen. I am disappointed on this Investments performance. However, by selling now will destroy your Capital. Tough decision. Hind Sight that we...
Impala Platinum could be printing an Inverse Head and Shoulder Pattern as seen on this simple line Chart. I trust this plays out for those Invested, as we all look for some good news. Use your own discretion when Investing and get Expert Advice. Smash that Rocket Boost Button to show your Appreciation for my Study. Regards Graham.
Prosus has been following the recent market trends. My study shows R496 as critical level for support, otherwise, some more pain. As with all Investing / Trading, get Expert advice. I am not one. Smash the Rocket Boost Button if you appreciate my study. Regards Graham
Reinet Investments seems to have printed a Head & Shoulders Pattern. The outgoing tide lowers all boats they say. This is the simple line chart view. Please do your own analysis. This is not advice. Smash the Rocket Boost Button if this helped you. Regards Graham.
KAP Limited is Up 17% from recent Lows. This Trend Cloud shows the Price Action, Momentum and Clues. Smash that Rocket Boost Button to show your Appreciation for my Study. Regards Graham.
Kumba Iron Ore TA, Looking for EMA's Crossing Clue. Cup & Handle seen. A little Bullish action also. However - with these unpredictable Commodity Markets, it's unwise to make any call as to future price action. I managed to get a small position at R400. We all wait for a possible turn-around. Use Stop Loss Orders. Regards Graham.
Huge Head and Shoulders Pattern Identified by Source_Sailor & Woodcutter. Thanks to the above analysts. I've simplified the Chart to LINE to show the Pattern. This now could be a reason why this Stock is playing out as seen. There must be some other Fundamental reasons for this. I hope the Pain is short lived for those in this Long, as I am one. Regards Graham.
CML Coronation Fund looks to be showing signs of support despite all the bad news and SARS issues. While this is very early days, and the likelihood of the court case appeal win is small, should they succeed, expect the shares to POP. Will have to wait and see. Post your thoughts and further analysis. Regards Graham.
Allkem looks to be printing an Inverse Head and Shoulder pattern on the 30 minute Chart as shown. This is a Bullish pattern. The Head and Right Shoulder has been projected to show the possible targets. Smash that Rocket Boost Button if you appreciate my Chart study. Regards Graham.
Raubex has shown a few early signals for an interim reversal of the past trend. This is still very early and therefore might need 1-3 days for confirmation for the Trend reversal. The Chart shows the trend lines crossing. Study and use under expert advice or your own discretion. Smash the Rocket Boost Button if you like my Chart Studies. Regards Graham.