Buy/Long JSE Ltd
Stochastic indicator pointing to a short term recovery.
Price has held the R118 to R120 support level and looks to be lifting off it.
Trading Levels:
Buy JSE Ltd at 121.50 (or better)
Stop-loss: 116.70
Take Profit Target: 128.00
Buy/Long JSE Ltd
Stochastic indicator pointing to a short term recovery.
Price has held the R118 to R120 support level and looks to be lifting off it.
Trading Levels:
Buy JSE Ltd at 121.50 (or better)
Stop-loss: 116.70
Take Profit Target: 128.00
When looking at a chart of the JSE Ltd , the technical indicators are looking increasingly bearish.
At current levels, the stock is also at a good level to sell and open short positions. But let's analyse the chart in more detail.
The first thing to note is that there was strong support at R148.00. The stock has now thoroughly broken through that level.
All...
Would be interesting to see what effect #Naspers's secondary listing of it's crown jewels (NewCo) will have on the JSE's turnover?
Share trading a very dangerous technical levels.
- Currently looking for any type of violation on support line with a solid close below this will validate the Short setup
- GREENBACK ON THE BACK FOOT WHILE THE BULLS ARE IN CONTROL With the ZAR
JSE Limited: After experiencing a decline from R203 in May 2018, the share price has formed a base between approximately R154 and R166. We now see the share attempt to break the downward trend line to potentially signal a change in trend. This is an opportunity to get long.
