Aspen Analysis Aspen uptrend still looking positive and approaching R 150 resistance once more. This was the previous trend change which put aspen in a downtrend. The hope is to this time cross this resistance and then the 155 resistance. There is a possibility however theat we may go into a downtrend again maintaining the overall horizontal trend hopefully until earnings report.by AfroTez1
Possible down on Aspen?From a purely technical analysis viewpoint, JSE:APN seems to be struggling to break higher at the resistance level around 15000. If it fails to break higher and goes down to below 14000, I will consider entering a short. A break above 15000 might mean a continuation of the up trend. We might need a bit of patience on this one.Shortby RossLarter111
Aspen- BUY So the recent news has helped Aspen's share price honor trendline support in a strong way. Momentum has completely shifted upward. I think we can see a lot more upside here. R145.00 target is not unrealistic.Longby RobbyPUpdated 110
Bullish divergence.Remember the bullish divergence of back between September 2018 and August 2019. It took more than a year to form. Well since the stock bottomed in August 2019 it has been since making higher lows, even during the March 2020 crash saw the stock making a higher low than it did in August the previous year. However, the stock seems to have been struggling to break the 15000c level. I’m looking for 3% close higher at 15450c. My minimum target on the stock is the prior support level of 24000c. To had to the wind at the back the vaccine deal with JnJ will most likely springboard the trade. checkout the weekly game plan here: villagetrader.co.zaLongby VillageTraderZA222
APN breaking outNice little consolidation on the 1 hour busy breaking out here. Wait for the close.Longby Herenya332
Aspen Pharmacare Holdings LimitedWe looking for more buyers, hopefully with the whole COV situation we will get thatLongby TheGreatestMarketAnalyst1
APN - "Buy-Box" BreakoutJSE:APN has been consolidating in a sideways move for 2 months and with this morning's upward move, it has broken out of the "buy-box" very convincingly and we could see a nice upward move up to the previous high resistance from mid June 2020. It could also be seen as a horizontal bull flag pattern emerging.Longby RossLarter443
Aspen wakes up. Nice horizonal bull flagAspen wakes up after being quiet for a whileLongby VillageTraderZA113
Buy AspenThe stock is In a rising channel. If price should move in the channel you can look to buy. At least I am! Longby serioussam812
$JSEAPN Aspen Bull flag breakAspen broke what looks like a bull flag around the 12900 level. Possible targets for this flag breakout is 13330 & 14670Longby KoosKanmar4
JSE:APN Aspen Shallow PullbackAspen has been trading in a downward trend on the weekly timeframe (see post below). After a backup, it has shown signs of strength. After a shallow pullback and some volume returning it could be ready to do the final leg to the overbought line of the downward trend.Longby SteynTrade4
APN: look at that MACD!Potential bearish MACD crossover remains a major concern.Shortby Peet_Serfontein2
Aspen looking bullish, a nice bullish divergenceBetween December 2018 and June 2019, we have a bullish divergence. With the share making lower lows but the oscillator making higher lows. Since that time the share has been making higher highs and higher lows. The news with the vaccine possibly being manufactured by Aspen could push the share higher. I’m looking for a breakout above15082c, looking for a 3% higher close at 15534c Longby VillageTraderZA1
JSE:APN Aspen Markup to R200?Following Aspen move to the overbought line in a downward trend, we have now seen a backup (BU) and a markup seems to have started that could take us to R200 and a test of the overbought line. We have been following this move up for some time. Longby SteynTrade223
Aspen analysis Aspen had a positive week with a good rebound at R 107. This seems to be a good support line as the price is struggling a bit to go below this point. Currently sitting at R121, this could be a welcomed reset as we can expect the price to approach support again possibly in the new week depending on market sentiment overall. On the business end Aspen seems to be doing quite well, and we are certainly hoping this does reflect soon in terms of share price. From 105 to peak of 154, would yield a healthy 46% return which has a good chance of being realized in future. For now its a hold and those wanting to buy in would probably watch to see if a pull back is on the table.by AfroTez2
ASPEN - strong upward moveJSE:APN is showing great signs of a potential upswing. The stochastic, MACD and Exponential Moving Averages are all confirming this move.Longby RossLarter222
$JSEAPN bearish chart.If Apen can break above R109 it could be a good long target above R119.Longby UnknownUnicorn14168360
Aspen Analysis Aspen with a strong rebound respecting the down trend support. Although its above the 105 support line, it can be expected it might dip below this point again. I feel in terms of long term portfolio growth a Pharma company is essential and this can be one big hitter when full year results are published especially considering the year they have had. Before the downtrend i let go of half of my holdings and i feel now is probably a decent time to start investing back into Aspen. This is a long term hold by the way. The current rally could be short lived and we could see a pull back soon. Although I am hoping that sooner or later we can go back to R140 price range.by AfroTez1
APN - REACHING A CRITICAL SUPPORT LEVELAPN's weekly RSI is entering the oversold region and I am hoping for a turnaround from these levels. The fundamentals of the company have not changed and the share is well priced at these levels. Some traders believe it will go down to R100, though. Longby RolandBotes1