We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
Talk about scuba diving. That's what I'm observing here... A good swim under the sea(support).
Prosus went below our predicted rejection level and headed towards the next support area at around 10000. Will be holding positions until we reach a reversal point at that level. If price dips further down that will be our signal to exit and enter again at a lower price....
Hello Traders,
Prosus act as a Fund which is holding around 28% of TENCENT shares + some other interesting businesses (like e-commerce, food delivery, Payment systems, Elearning platforms) ...
For long term hodling this could be interesting pick. But is the Price correct right now or should we wait with Buy orders ?
CHart should show it all. We can see...
Prosus has shown a strong price rejection at support level. We can place long positions as price breaks above 200 EMA and crosses our trendline(which at this setup is our resistance indicator).
Prosus - Short Term - We look to Buy at 68.11 (stop at 65.01)
We look to buy dips. Trading within the Channel formation. Previous support located at 68.00. Previous resistance located at 80.00. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 77.39 and 80.50
Resistance: 80.00 / 90.00 / 100.00
Support:...
We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
PRX is trading below all long term moving averages (250,150,50 EMA's)
if this 180 day's consolidation breaks to the downside the target can take price to around R965 level.
We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
This content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. Investment involves risk.
We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
- Prosus has been consolidating since July after a solid leg down
- Price action indicating this is possibly a good launch pad to target R1450 initially then a move to the (R1541-R1636) retracement zone
- Failure at the lows will open a new leg down
- -- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Prosus is potentially working on an Inverted Head and Shoulder Formation.
It will need to break above the Orange Line and the 200EMA , to potentially begin an upward trajectory.
We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
