Breaking out of a multi month consolidation channel into what looks like a rising wedge pattern. Targets 25500, 26600. Stop loss must be on daily close below bottom of the wedge (green). Markets pretty weak, so no large positions.
Top40 looking stretched here. Wonder if we can see a little bounce here.....
ALSI formed a bearish shooting star doji on daily right on a resistance level. The bottom of this well defined channel is a likely target in coming days.
Flat top triangle -Wait for 9050 break on daily. Targets 99, 106
Bluetel consolidating in a clearly defined channel 470 - 580. Stock seems cheap on paper. Cell C lemon discounted out of price.
Trading within a well defined channel. Hitting upper resistance.
Looks like a bull flag on the USDZAR. Break would target 15.70 to the USD
Range bound trading after the recent sell off. Strong day on US yesterday means we will will challenge some upper resistance levels soon.