Standard bank looking BullishBroke out the sideways range, broke through the 200d EMA as well. But 30wEMA still below the 60w EMA so I'll wait for now as well. But looks excitingLongby VillageTraderZA0
SBK short if it remains within channelJSE:SBK has been trading in a sideways channel since June. Two days ago, it seemed to be breaking out of the channel in an upward direction, but now it looks like it has found some resistance at the top of the channel. If it fails to break out the top and continues down into the channel, I will consider a short position towards the bottom of the channel.Shortby RossLarter4
SBK - Breakout BeginningSBK has a bounce off its channel plus a downside range contraction resulting in a break to the upside. This is still in the beginning of its breakout so possibly more upside to come.Longby saleem060
JSE:SBK - Possible bear flag (Hourly)JSE:SBK - Watching a possible bear flag formation Confirmation below 10203 TP 8570by TiggzzPhi0
STANDARD BANK - Potential Inverse Head & Shoulders formingI do not wait for the neckline to break before I trade a potential inverse head & shoulders pattern. I rather use the retracement to the last shoulder as an early entry if it coincides with a demand zone. The Daily chart shows signs of a possible opportunity of this materializing in the foreseeable future. Longby LifesongUpdated 9
JSE:SBK Standard Bank Retest Breakout LevelSimilar to Nedbank and Firstrand, Standard Bank has seen a dramatic decline which ended in a selling climax (SC). We are now seeing a recovery back to the breakout levels. There is significant volume between R90 and R110 forming a last point of supply (LPS). A break above this could see a retest of the R160 level.by SteynTrade4
SBKJ, Short SND Set-upShort SND Setup, standard bank. alright.. savings there look there very bearish, for the long run.Shortby UnknownUnicorn146071Updated 7
STANDARD BANK Bullish Set-upWell it is a wonder how long the bulls will last, -there is a bearish pressure in there, but bullish interests. Long. All our market shared technical set-ups are speculative and not guaranteed for accuracy or completeness in form of any content. The analysis, ideas and also, the strategy of a chart belongs to Charts34T ; - it is not a market advice. You are both responsible and liable for your own account.Longby UnknownUnicorn146071Updated 7
Standard bankPrice breaking out of incline resistance on daily chart. If current risk-on sentiment sustains, we may see 120, followed by 130.Longby Innocentmaponde9
SBK - Support LevelWe may derive the following from the Daily SBK chart: 1. Price is currently approaching a key support level. 2. Whilst a bid may occur, it is important to remain aware of current market conditions - in which the support may not hold. 3. A bounce off the support may indicate a buy. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.by zeerotrader1110
SBK - LONGSBK testing the resistance zone as it looks to reverse. The overall outlook for this stock sees it going long. *Always do research before implementing trades in order to give you a clear view of how to approach your respective stock.Longby MotlatsiQhena2210
SBK - Struggling SupportWe may derive the following from the Weekly SBK chart: 1. Price is trading below our major weekly support. 2. A close below may signal further downside. 3. It is however, late to sell. Wait for an opportunity to present itself first - such as a retracement. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.Shortby zeerotrader6
$JSE-SBKJSE:SBK Trying to break from massive falling wedge. Are better times ahead for SA banks? by ALSITRADER7
SBK - CrossroadsWe may derive the following from the Weekly SBK chart: 1. Price is currently trading slightly above a major support level. 2. Price will either, imo, bounce off support to the upside, alternatively create a further impulse to the downside. 3. Wait for an opportunity to present itself, either long or short. And as always - maintain your risk. Note: The views provided herein do not constitute financial advice.by zeerotrader6
Standard bankTwo bearish chart patterns on the Standard bank weekly chart... 1st is a double top technical chart pattern, which was confirmed last week, by the weekly close below the neckline support of R160. 2nd..With the same ‘neckline’ support of R160, is a descending triangle chart pattern. Measured target for both patterns is the R120 area. Shortby Innocentmaponde6
Symmetrical Triangle on SBKJSE:SBK has formed a symmetrical triangle pattern and we can anticipate a strong move once it breaks out. For now, it's a neutral signal, but the move will depend on which direction the breakout occurs.by RossLarter3
Standard bankNot sure what to make of standard bank at current levels. The 1st technical pattern I’m noticing is a bullish bull flag, which if broken will also coincide with a break of the 200dma which ‘capped’ gains in December 2019. We also have previous neckline support which could act as resistance. I’m on the fence for now, monitoring! by Innocentmaponde117
$JSE-SBKJSE:SBK Some basic line chart to follow. Looks like $JSESBK is testing break out from cup and handle. by ALSITRADER7
More downside for SBK?More downside seems possible SBK as the daily chart is showing a break from a bear flag technical chart pattern, with a measured target around R150Shortby Innocentmaponde5
$JSE-SBKJSE:SBK Hitting some big support, maybe time to bounce form here at least for few days. On top of that could be false break as well.by ALSITRADER11
Equities | Pairs Trading Opportunity | +SBK/-FSREquities | Pairs Trading Opportunity | +SBK/-FSR Price back at the swing lows with a bullish divergence as per the RSI.by LD_Perspectives6
SBKStandard Bank | The head and shoulder technical formation remains in play as the price has not breached the highs of the right shoulder. A breakdown below the incline support or 17169c would trigger this technical pattern. The H&S target current sits around the 15621c level.Shortby LD_Perspectives9