JonathanOtero7f

JonathanOtero7f Updated 

CVNA has broken through resistance of $13 after a short range consolidation which came after earnings. The short interest on the stock currently standing at 50%. This could spark some short squeezing should it hold above and break $14. $16 and $20 are next targets. Stop loss below $10.

JonathanOtero7f

AAPL is forming a H&S pattern with support/neckline at $170. A break below this triggers the idea with a stop loss above $180 and full target at $170. There were also news this morning: Apple cuts Vision Pro sales target to 150K units vs previously discussed 1M units. An industry insider tells that the initially discussed volume was 1M units, which was then...

JonathanOtero7f

TFG is forming a base at R150 while making lower highs. A close above R160 triggers the long idea with target at R170 and a stop loss a close below R150

JonathanOtero7f

SSW is still struggling to get going again. Has tested the low trendline but its struggling to hold above R62. As long as R58 holds the stock can still go back to R65. One to keep an eye on.

JonathanOtero7f

Forming another ascending triangle with support at R61,50 and a break above R64 will trigger the long idea with previous highs as target (R70). A close below R61 triggers the stop loss

JonathanOtero7f

MRP seems to be finding support at R204, although it did break it's previous bull flag and came back its starting to show some signs of strength. A break above R220 will definitely get this share going back to all time highs. For now entries above R204 with a stop loss below that will be decent risk reward trades.

JonathanOtero7f

SLM is still within it's ascending triangle formation with a potential to test the lower trendline. Short term R60 seems to have held but a move close to R58 could be a good entry with previous swing lows at R54,40 as a stop loss while a move above R65 will trigger the breakout on this pattern.

JonathanOtero7f

R44 was previous resistance and we have seen TKG going sideways for the past few sessions, a close above R45 triggers the long idea with a stop loss a close below R44 and full target at R48.

JonathanOtero7f

A close above R215 triggers the long idea with R235 as full target and stop loss a close below R208.

JonathanOtero7f

Another flag in the making for SHP. A break above R155 triggers the idea with a close below R150 as a stop loss while full target is at R162

JonathanOtero7f

Break of the bull flag could potentially give an opportunity to retest the trendline at R168. Full target is at R180 while stop loss will be a close below R168. NED did release a decent trading statement last week so this week will be interesting to see how the market reacts.

JonathanOtero7f Updated 

ANG has shown support at R294 three times already and last week it touched that level once again. This looks like a nice R:R trade with a stop loss a close below R290 and target at R320 with a potential for further upside to R340.

JonathanOtero7f Updated 

GFI is back at R150 and on Friday there was a buyer that stepped there with size. This could be a nice position to get in with a tight stop loss a close below R146 and full target at R170.

JonathanOtero7f

A weekly close above R65 triggers the long idea with full target at R85. Stop loss is a close below R55. The pattern is still developing and as long as previous swing lows of R55 holds the patter is on and pullback towards R60 and lower could be a better entry.

JonathanOtero7f Updated 

SBK made a pretty ugly reversal candle on Friday, although after our close things in the US seemed a lot smoother. A close below R132.50 could put it under pressure with R130 as first short term target and big target at R120. It has been the weakest of the lot, so should they all start moving lower SBK should be the 1st to move down.

JonathanOtero7f Updated 

MRP has run hard after its earnings and has managed to hold R230. A close below that level could see some profit taking and maybe a short term flag in the making. 1st target at R222.50 and full target at R205 should things really get ugly.

JonathanOtero7f Updated 

NPN has been going sideways for the last couple of days with resistance at R3100 and support at R2950. A close in either direction should give us a further move. At the moment the trend has been bearish.

JonathanOtero7f Updated 

Ascending triangle in the making. A close above R15.50 triggers the long idea with full target of R17.50 and stop loss a close below R14.25