shaunmegs

shaunmegs

With better than expected earning, about to hit long term support. Waiting a little longer to kiss that diagonal trend line and bullish divergence to buy. Hold your horses, we almost back in the buy zone.

shaunmegs

Pick n Pay is not going anywhere. We back to 2009 prices, why would you not want to start buying now?

shaunmegs

When you hit your TP take the profit & dont be greedy. Of course it may go lower, but then it again, it may not.

shaunmegs

With bullish divergence on the RSI and long term support, not a bad time to hop in. Only 1% trade with a tight stop loss. Note the limit order still a bit lower.

shaunmegs

Almost back at support, no time like the present to start accumulating some Wollies shares. Traders you can set a tight stop loss. Investors, pull backs are the time to buy.

shaunmegs

I am bullish on TVC:GOLD long term, so scooping up some more at these prices

shaunmegs

Planning a short if the right shoulder plays along. Measured move down for a swing trade.

shaunmegs

Into 11th "up" week, although we not at the top of a long term parallel channel, this is close enough for my starter position. Just looking for a 10% - 15% pullback. I am not trying to catch the top, just inching in and will add to it if price goes up...

shaunmegs

My short zone just to add to my short just did not work out. No guarantees here, but shell we see if this head & shoulders works out ;-) I am looking for a 10% TP.

shaunmegs

Although we have confirmed below $144, it was with a doji, so lets see if Monday confirms with a good full body red candle. If it confirms, lets see if back to the bottom of the up-sloping trend line is the eventual target.

shaunmegs

With some classic RSI bearish divergence in play, going long now is risky. I am in a short and will be looking for that right shoulder to confirm the bearish bias. Time for the bulls to show up.

shaunmegs

Lets confirm a breakout on Monday, with a great risk/reward and banking on good earnings to see out $170. Not seeing any obvious weakness...

shaunmegs

With such a beaten down stock, a break is bound to come soon. Tomorrow lets see if we confirm this move. Buy right and sit tight.

shaunmegs

If you wanting to get into pharma, here is a good place to start a DCA into PFE. On the daily we have bullish divergence on RSI and OBV looking good as well. Combine that with a long term pivot price level from 2016 and a diagonal, this may well be the spot. Perhaps just missing a bottoming tail....

shaunmegs

Hitting a long term diagonal and a horizontal gap fill. RSI hitting oversold in daily/weekly. Bearish divergence on RSI. This is a great place to start building your short. I will DCA 3 entries at these level's.

shaunmegs

Besides hitting a price level, we touching a long term diagonal and adding divergence on RSI gives you a few reasons to short here. Swing trade so long term.