Slight Resistance for SOL at around R383 to R384. An upward breakthrough may see it going to about R428. WAIT FOR BREAK AND CONFIRMATION BEFORE GOING LONG.
BLU is at 'n resistance level at about R4.50. Breaking through may see it all the way to R6.12. May also not break this and fall back to support line. May be good to sell of 50% (IF YOU ARE IN) and then enter again above R4.50 or after it fall back to Support level. Lets wait and see.... can go either way --- TOUGH ONE TO CALL.
PSG has reached STRONG SUPPORT LEVEL at R246. Wait until Support at R246 is tested then go LONG. May go up to R275. Downward breakthrough this support support may see it end-up around R233.
Resistance at R210.00 Breaking through R210.00 may see R223.00
ARL is on strong support at R158 and a possible good entry point. Resistance at around R178.
Support at R42.50 Resistance at R53.00 Entry Point: R43-R44 Stop Loss: R41-R42 Sell: R50-R53
KIO is in a downtrend the past weeks. Strong Support at R365 --- also good Entry point to go LONG Should also be in Oversold territory at R365.
SOL has reached the R440 Support - Retraction Confirmation here will indicate (CUP and Handle) handle downtrend STOP -----followed by an uptrend towards resistance to complete handle. Breaking through R440 support level may lead to a fall towards next support of around R385. Just hang in and then decide to go LONG or SHORT
Support at R86 Resistance at R94 Enter at Support of R86 or wait to break resistance as Cup and Handle breakout above R94 Target R116
Through resistance and testes - New support Good entry point to go long Target R218-R220
ARI broke support - possible new trend as indicated Go LONG near NEW SUPPORT LINE.
Next Support R440 - Possible Entry point if tested.
SGL broke support at R13.30 but still in Bullish band. Next strong support at R12.00. May bounce back from R12.00 and stay in the bullish band or break through to the downside - true bearish indication. R12.00 maybe a good entry point if support is tested. Will also then be in oversold territory. All depends on gold price and USD/ZAR.
Cup and handle breakout. Resistance at R223. If break through here a possible R259 in sight. Strong Support at R196
Is Gold Busy Forming a handle after almost perfect CUP ?????
ARL is currently running in a slight upwards trend with Resistance around R177 - R180. Long enter point when R177 - R180 resistance is broken with confirmation. This may mean a TRUE Bullish breakout. Next major resistance at R217-R220
Pick n Pay has published solid figures today and stay a Blue chip share to invest in. Entry Level as indicated above
BLU broke strong resistance at R4.78. Can it break R5.40 and complete a nice looking CUP at R6.15 ??????????? In overbought territory but it is still going strong. Any other suggestions on this!!!!?????