$JSELHC Update: First target reached, next target = 24.65
JSE:LHC is looking good to break through the fractal from 11 July. If it confirms above this, it could make a move to the resistance level at around 2800.
$JSELHC Successful break and re-test out of downward channel
$JSELHC worth a nibble with a tight stop - prior bearish target reached
Breakdown and re-test targets R22
Possibility for a small down move on JSE:LHC . It has broken through an ascnding resistance as well as through a fractal. Beware of the strong support level just below where it is trading, though.
JSE:LHC has broken through a descending resistance line which is also at a support level. I will enter a log position if it breaks through the fractal which is looking quite promising.
JSE:LHC Hitting some serious support. Will it hold or next leg of downside coming, and could be big.
LHC has been in a downtrend since the end of 2014. After reaching the oversold line the stock has been in a Trading Range (TR). It has now reached the overbought line with a high volume rejection. Will watch for the downward stride to continue.
JSE:LHC is ready for a long position – descending resistance breakout.
JSE:LHC Making bearish flag after big drop. Last 3 days found resistance around 2700. First target for flag around 2550.
JSE:LHC has just broken out of a ascending triangle that it has been forming since mid November last year. Because of this I have entered a long position. An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along...
Life Healthcare Group Holdings Ltd has retraced to the .61 fib level, and is showing bullish divergence. This is a monthly chart, therefor this is quite a long term idea.