ABSA - UpwardJSE:ABG is going long based on our momentum strategy. All 3 indicators (stochastic, MACD and EMA's) are showing upward momentum.XLongby RossLarter0
ABSA ShortJSE:ABG is looking good for a short position as the EMA's have crossed downwards along with the stochastic and MACD all signaling a downward move.XShortby RossLarter0
ABG break outLooks like ABG is breaking out higher. First bit of resistance should be the 200-day moving average. Once it's clear of that you can switch to a trailing stop loss.XLongby Herenya0
ABG - Paused at ResistanceOur JSE:ABG long position has paused at a resistance level for the last 2 days. It hasn't reversed completely yet and looks like it is testing the level. If it breaks through, I am quite confident that it will go on to reach our target.XLongby RossLarter0