techpers

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...

techpers

As mentioned on Sunday 08 May (see attached idea), the structure for BTC appeared weak, exposing the coin the further downside risk. Since publication to this week's low (seen on Thursday 12 May), BTC was lower by 23%.

techpers

My pre-market plan. Opened strongly, now we focus on the sell plan. RE-SELL RANGE | The range between 13952 to 13993 is an overshoot of the unfilled gap and declining 21-Day EMA . This is also the 61.8% FIB Range. TF: Intraday; 1 to 3 days. RE-BUY RANGE | If 13702 holds on an intraday basis, there’s a possibility that the index will target the unfilled gap (at...