Get started

Jse_top40

$JSEMNPJSE:MNP Developed falling wedge from December 2018 to Novembr 2019. At the begining for November 2019 broke above with projected target in the zone between 38000/38500 In mean time it went down and back tested falling wedge in January 2020. There is smaller cup and handle pattern that developed over last two months. Target for that pattern is around 37000. If $JSEMPN breaks above 33250/33300 and close above cup and handle will confirm and first target around 37000 will be in play. Second target should be falling wedge projections around 38000/38500 area.
JSE:MNP
by ALSITRADER
JSE - What's ahead for South Africa's Exchange. Living in South Africa in recent years has been a challenge not just mentally but emotionally with all the negativity going around. None the less, I love South Africa and remain optimistic. From the charts, the current development of price action seems that we won't be breaking through ATH's anytime soon. If the sideways chop from 2015 up to 2017 is anything to go by, it seems there is more to come. Reforms in South Africa have been going at a snail's pace and the various SOE's especially Eskom is hurting consumer confidence and market sentiment.
JLong
by CHRIS_TriTrading
BHP GROUP (BHP) BUYIf prices break above the previous 34 156 resistance, this should be a good opportunity to buy into this market. The price is above the 100-day exponential moving average on the weekly chart and also seems to be bouncing off the 400-day EMA on the daily chart, as this seems to present a support zone. Our good old trendline shows the price making a series of higher highs and higher lows, however, the slope of the trendline is not that steep, meaning this stock will be a slow mover, if it moves to the upside at all. Buy: When the price breaks above the 34 156 level. ' This trade will be invalidate if prices break well below the trendline or the 400-day exponential moving average on the daily chart. Proper risk management should be exercised.
BLong
by munyaelliott
ABSA BANK LIMITED (ABSP) SHORTABSA Bank Limited (ABSP)The walls are bloody for ABSA, which clearly shows momentum to the downside on the monthly timeframe (check out my full analysis on my instagram account @heisenberg_trader), as prices are trickling down, with momentary pauses in the form of bear flag patterns. The long term trend is clearly downwards, as prices have been forming a series of lower highs and lower lows. Sell: When prices break below the 72 000 psychological level. This trade will be nullified if prices drift closer to the 78 000 psychological level
JSE:ABSPShort
by munyaelliott