Candlestick Formations (Buyer/Seller Dominance) form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The share name (2) the candle's 'change from open’ (over 1 session) i.e....
THESE TABLE SHOW WHERE BUYERS/SELLERS HAVE BEEN THE MOST DOMINANT. Candlestick Formations (Buyer/Seller Dominance) form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The...
Momentum Regimes: Major Indices The charts show the current momentum regimes for 4 of the major global indices. These are subject to change.
The chart below highlights the performance of Capitec Bank, which has declined by over 10% since last week's research note where clients were to a pending sell/short. Included in my note was the following: 1. Weekly Chart highlighting the potential price path. 2. The TTG as of Friday's close. 3. The 7-day Technical Trend Rating shows the share as trading in...
Nasdaq 100 Futures - Short Term View Potential Price Path shown, with adjusted long and short re-entry zones.
THESE TABLE SHOW WHERE BUYERS/SELLERS HAVE BEEN THE MOST DOMINANT. Candlestick Formations (Buyer/Seller Dominance) form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The...
This new layout/format has the additional feature of displaying the share's change from open (i.e. the change of share from the start of the session i.e. 9am to the close i.e. 5pm. This is a useful feature as it helps a trader ascertain the strength of buyers/sellers within the said regime.
JSE Technical Summary (Neutral): EOD Friday, 12 April 2024 This new layout/format has the additional feature of displaying the share's change from open (i.e. the change of share from the start of the session i.e. 9am to the close i.e. 5pm. This is a useful feature as it helps a trader ascertain the strength of buyers/sellers within the said regime.
JSE Sector Ratings Compare a sector relative to the Top 40 index over multiple time frames.
Brent Crude Oil I called for a potential base on 07 December. On the chart is also my proof of the call. The commodity has advanced from $75 to the recent high of $92.
READING TIME: 1 MINUTE THURSDAY, 11 APRIL 2024 | 06h30 THESE TABLE SHOW WHERE BUYERS/SELLERS HAVE BEEN THE MOST DOMINANT. Candlestick Formations (Buyer/Seller Dominance) form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these...
TGA The accompanying reading is from my research model which provides an automated comment on a share for 3x time frames (ST, MT and LT). Today, the short term rating states the following: "strong upside move but momentum slowing with sellers becoming active". A few days ago I also noted that 140-143 was a level to reduce, i.e. the 200-day and the previous...
Data as of end of day - Tuesday 09 April 2024 Candle Formations (Buyer/Seller Dominance) form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The share code (2) the candle's...
The share has started to find support off the provisional buy range. My comment last week 02 April 2024 was as follows: REM REMGRO - (1) Aggressive selling pressure but attempting to settle around multi-year support (it can fluctuate around this level) - down from 16300c at the beginning of the year (2) 48% Discount To Net Asset Value (NAV 23695c vs Last Close...