There's a handful of SA-Inc shares that have been doing very well in recent sessions. I have flagged a few single names, so the next step is to find ones that haven't moved as much yet but appear to be getting out of the starting blocks. AVI is one such stock. With it's reputation as having one of the best management teams on the JSE, the share, from a technical...
Pennant on the #dailychart, could break either way. A break to the upside could target 84, a break to the downside could target 64.
AVI has been lagging other shares, but it seems to be forming a nice base for a 10% upside movement on both the daily and weekly charts. RSI is a bit in no-mans land, but stochastic looks good.
After their results AVI enjoyed a mammoth rally but has since pulled back. I have been waiting to see if it could hold above R71.00 and ALSO break out of the wedge. It has done both. This looks to me like we could see a healthy bounce to around R80.00. I'd be looking to buy at R74.00 or better with a stop loss at 71.00. PS. R2.50 Dividend on the 14th October but I...
$JSEAVI had a upgrade by Citi bank this morning.
$JSEAVI downtrend wedge here update
$JSEAVI downtrend wedge here update
$JSEAVI downtrend wedge formation.
Our Tiger Brands short/sell came within cents of our R125 target, down a further 3.55% on the day. Our Growthpoint short/sell traded sub-R13.00. Our AVI short/sell moved in our favor declining by 2.42% on Monday.
Not Financial Advice #AVI $AVI #JSEAVI Watching this on the Weekly and Monthly, Dont want to see this support broken. Weekly looks the most interesting out of them all Daily finding some resistance Weekly close above 70 or 71 would peak my interest into buying this Monthly support has been tested over and over and it seems to holding. follow me on...
Looking good for a possible long entry. What is a bit concerning is the MA200 coming in at 8260 which might cap gains. Will need to break above the MA200 for further upside. So will have 3 possible targets and monitor closely how the stock trades around first and second target should they be reached. Entry will be a break and daily close above 7800. Stop loss will...
We have been flowing the distribution and markdown of AVI from the beginning of 2019 (See posts below). Although we are in the markdown phase we have now seen a selling climax with price going oversold and breaking the demand line. We have seen a reversal bar and the stock should now have an automatic rally and enter a trading range.
Bullish trend direction Retracted from oversold territory Upward price momentum Concern remains the declining OBV
Equities: Local | AVI | I’m a firm believer that combining a technical and fundamental view can create powerful insights for the investor and trader. That’s what influenced the thought process behind the previous warning that AVI appeared technically vulnerable and fundamentally out of sync with the macro SA backdrop. At a price of 10265c in January 2019, the...
Following the distribution and markdown of AVI (See posts below) we have been testing the overbought line for some time. After testing the yearly pivot point at the start of the year it is possibly ready to continue the markdown.
Jacob Zuma stole a third of the South African GDP and Cyril Ramaphosa, the other thug who worked under him wants to give white land to economically ignorant supporters in exchange for continued power to starving supporters. Do you think this situation is given to exorbitant spending on luxury clothes by the fiscally raped citizens of South Africa?? Not a damn....