Coronation is currently testing the upper resistance level of this channel at 4500. Keep an eye on on this level. If it breaks we could possibly see the share targeting 6000. Wait for the break confirmation before taking a position.
After a very good run through Nov 2020, it has been stuck in a consolidation zone between 2650 and 3050. If the upper levels of that consolidation zone is breached at 3050 and momentum is maintained, we could see a target of 3650. Wait for the break. No position.
Bidvest seems to be stuck in a channel between 13000 and 17100. It looks like a bull flag is developing within that channel. Watch for a break of the flag pattern and then a break of the 17100 level. Once that 17100 level is breached and momentum can keep it above that level, a 18600 target is possible. Wait for the break of 17100 . No position.
EOH is a solid recovery story and after a very good run in Q4 of 2020 is now consolidating in what looks like a bull flag. Watch for a break of this flag for a possible target between 1000 & 1100. No position. Wait for a flag break.
Currently trading off support and building what looks like a bull flag. Watch for a bull flag break for a 16000-17000 target range. Suggestion is to take half position now on support and another half when bull flag breaks. Stick to stop losses.