South Africa is one Emerging Market economy poised for success given the recent dollar weakness. Today's retail sales data, +2.6% YoY vs 0.4% last month proves sequential acceleration in the macro data. Moreover, the noise around Eskom and SAA has been going on for years now and is merely noise. The only cause for concern would be a further downgrading of the...
In the long run Jumia should continue to grow as the internet becomes more widely available throughout Africa, fundamentally this is of benefit to the $JMIA. Looking at the price structure it appears to be in a consolidation before potentially making another run which I would expect to be north with the current long term trend.
AIL offers disruptive banking solutions in South Africa. With such a strong monthly downtrend, we will need some sideways consolidation in this range, in order for us to change the trend and ultimately move higher. Given the current economic climate in emerging markets, this is one that I am putting on my watchlist. If we were to see further consolidation at...
After much skepticism $JMIA has found it sell one of the hotter stocks on social networks ( they have sites for that). $JMIA is compared to $AMZN as the African version. Taking a deeper look, the company has potential but suffers from potential infrastructure problems as it expands across Africa.But they have big goals and seem to be taking the steps to meet...
This is my first analysis I published on TradingView. I have bought Sasol at multiple levels over the last few months. I entered at R60 and bought a bit more to the top and sold out at 155 keeping the houses money invested. As many have seen and spoken about Sasol fell from a peak in covid of R180 and Showed resistance and support at R150 , Lost Support and...
FA, - African Amazon (so they say) TA, - MACD golden cross -RSI reversal - Big volume spike (double the average) -Forming a nice base Concerns, - Transparency of numbers coming in - Have no clue what it's like in Africa - Too hyped. Entry: Under 8 Exit : 10.5
A higher time frame view of how we see the US30 behaving this week we have provided upper and lower targets and also potential buy and sell zones support and resistance is noted as well
Broad basket of gold explorers, developers, producers within Africa. A more complete list here: petepanda.com
an alternative short scenerio of 1:5 riskreward in gbpusd
Hello everyone the weekly chart for this market shows the downtrend in the next week. but to be sure of the successful seller entry it is better to wait for the break in level 0.056114 also we must be vigilant of the change in the direction of the market please subscribe for more details
Emerge Gaming signs a 2 year agreement with MTN to distribute and market Emerge’s mobile competition and tournament platform technology. Huge potential with big profits for both companies. Great exposure for EM1 with MTN being the eighth largest Mobile Network Operator in the world and the largest in Africa. MTN has committed to invest into the marketing support...
Interesting period... Who would have thought that my ridiculous and crazy conspiracy theories would have come true? China working to destabilize the west, most of covid fears months after I explained why they were wrong, are slowly getting proven to be... dumb and fake. Even got reported and sanctionned lmao. Everything here was predictable and I predicted it. But...
Ranging Channel Between $4 and $5. Negative RSI suggests we are heading toward $4, which would represent an excellent buying point.
What if West Africa was possibly the Future of ALL of Africa? For example, ("most people") in Africa live in West Africa? How can the future of all of Africa be determined by West Africa or even "Nigeria" or even a city like Lagos a large city? Maybe? Maybe not? Whats the alternatives to "Sub Sharan" West Africa? (for fun) I recently started to study...
a long time ago... you cant cant really say this if you live in the Sahara Desert or if your watching a new strom the from the edge of the desert along the nile river a new gigantic sand storm cloud approach come from the desert... will we all soon be in in the middle of a sand storm... ? but... some say that still, Someday... money will be like sand… The...
Trend line has been rejecting the VIX on every dip on the S&P500. If the VIX shoots through the trend line, huge momentum has pushed the S&P through a resistance, and a selloff is incoming.
Our previous objective of $6 is almost reached. A confirmation pullback pattern could form using the $6 resistance. If not, the next resistance is at $7. Today's breakout represents a strong mid-term buy signal as we can now see a cup and handle pattern combined with a breakout. We also note that the rally that started on 20 March point could be the start of a...
5th Day. Today we bought some risky platinum. I have the idea to start some high-risk/high return game. The main object to post one idea per each day for 30 days in a row. Goals: 1. Buy stocks every day. 2. Keep balance at least of ZAR150.000 on 20 June 2. At least 30% of picked up stocks need to hit 25% profit gain. Rules: Only JSE stock exchange. The initial...