techpers

techpers

Ninety One Plc Bullish divergence (7-DAY RSI) with deep back-test of prior trend line breakout. Last two days candle structure improving. Down from +6000c (peak) to 4371c (last close) YTD. Check fundamental valuation too (Price/AUM etc) Interested in a buy/long on medium term basis.

techpers

Bottom line: the supply zone at 4155-4191 held throughout last week, suggesting sellers acknowledging this as a key zone. Current Status: Neutral

techpers

Trade Idea Update: Platinum - Target Reached at $1022 today. A gain of +$47 or 4.8% (ungeared over two sessions). Original idea attached.

techpers

Platinum (Spot) - For now, the structure appears positive in my view and looks ready for a buy/long. Current: $975 How I'm seeing it: - Pending break of 2nd channel resistance - 14-DAY RSI at 55 (pointing up and room to move higher). Also breaching downward trend line. - MACD trending toward the zero bound (pending cross, up) - breaking through the moving...

techpers

If you’re an active, short term trader, then these levels will apply to you. BUY PLAN | Buy range around back-test of 8 x 21 -EMA support zone (1212c-1223c). SELL PLAN | Overshoot of declining 50-EMA could be a selling zone (1269-1278c)

techpers

BUY PLAN #1 | The key pivot zone which the share needs to hold and where strong bids needs to be seen is 27842c to 27965c. A strong push through this range could see the share targeting around 28900c. The stop, or temporary failure level is 27450c. BUY PLAN #2 | If the share retraces toward it’s 61.8% Fibonacci zone, this would also represent a level of buying...

techpers

- I recommended buying the pullback to 64800c - Then again at 67400c - Expected a minor retracement at 72300c. - We saw some, then it continued Higher. - Is the current level near to where it Retraces? Here’s what I’m seeing: - Price at 61.8% bearish Fibonacci Retracement + near overbought with a +70 7-day RSI reading. - Sell plan | if it fails to hold the prior...

techpers

Last Price: 4177 Bottom Line: Strong follow-through off 3835-3870 Buy zone. Supply 4155-4191

techpers

EUR/USD - Target Reached. Cover The Short Target: 1.0680 Lowest level so far today: 1.0681 Original idea attached.

techpers

Overshoot of declining 50-EMA and 61.8% FIB retracement Levels Sell 1.0744 Stop: 1.0792 Target: 1.0680

techpers

I have discussed and highlighted both the buy and sell leg of this name in recent months. These are merely new levels to consider. RE-BUY PLAN | If you missed the final gap close at 50000c (and the overshoot to 49116c) then you should look to buy retracements to the 8-day EMA. Approximate Range: 51350c to 51700c. TF: Ultra Short Term 2 to 6 days RE-SELL PLAN |...

techpers

Last week Monday’s buy/long trade idea, reached it’s target. RE-BUY PLAN | In the event of an immediate retracement on Monday, traders can look to the $1805 to $1813 range as a re-buy zone. This is he 61.8% Fibonacci retracement zone. Stop: $1793. Target: $1850. TF: Ultra Short Term 2 to 6 days.

techpers

U.S. 10 Year Bond Yield (2.78%) | Bottom Line: Two weeks ago (pre-market Mon 09 May), I highlighted the yields trading at the boundary of the manually drawn channel with overbought conditions being present. On the day, we saw the yield topping at 3.20% with a rally to 2.78% at the last close (yields down, prices up). The 14-day RSI is at 47, suggesting a weak...

techpers

Closer to a sell than a buy. RE-SELL PLAN | Approaching downward trend line which is in line with the 50 - 61.8% FIB retracement. If it continues to advance immediately, the provisional levels are: Sell 0.7090 to 0.7108. Stop: 0.7124. Target: 0.7010.

techpers

In the ultra short term, the long side reward to risk appears attractive. Code: USD/CHF Buy/Long: 0.9705 Stop-loss: 0.9678 Target: 0.9760

techpers

JSE Top 40 (Spot) Index (63026) | Bottom Line: On Tuesday, the index traded into and slightly overshot the demand-supply zone at 62900 to 63400 highlighted on Monday morning. This level (the high of the day) is also in line with the declining 21-EMA acted as a resistance level and distribution zone.

techpers

ASPEN PHARMACARE (APN, 15772c) | As a medium term trade idea, my last sell as on 29 September 2021, the most recent peak while as a tactical trade, I recommended it as a short/sell last week. I looking at it as a buy/long as the price trades at three confluence levels: (1) trend line extending back to Aug 2019 & March 2020 (2) the April 2021 breakout level & (3)...

techpers

GOLD FUTURES (GC, $1808) POTENTIAL BUY | Previously (09 March) at $2060 I called for a sell/reduce based on the price trading 2.5 to 3x it’s mean as well as overbought on it’s 7-day RSI. The commodity has since retraced by $252 or 12% and at current levels, the 7 and 14-day RSI is at 22 and 30 respectively. I am now looking at a BUY as the price approaches the...