BHP Group
Impala Platinum
Mr Price
Royal Bafokeng Platinum
Rand Merchant Investment Holding
Sasol
Capitec
Pepkor
Royal Bafokeng Platinum
AmPlats
Discovery
British American Tobacco
Northam Platinum
Aspen
Mondi
The stock makes a new relative high close, Ascending triangle breakout
Round bottom breakout
We have an ascending triangle breakout after the stock held the 200 and 50 day EMA.
We have an ascending triangle breakout after the stock held the 200 and 50 day EMA.
Please note that this is not a tipping service. Use these trade ideas at your own risk using your own risk management rules.
Please note that this is not a tipping service. Use these trade ideas at your own risk using your own risk management rules.
The stock had a strong move. Making a new high. I raised my stop loss to R225.19 raising my profit to +6.46%
Investec
The stock moved to a higher box. I raised my stop loss to R75.94 raising my profit to +13.85%
Shoprite
The stock moved to a higher box with a gap and drive pattern. I raised my stop loss to R194.04 raising my profit slight profit at +0.46%
30 November 2021
Aspen
The stock broke back above the 50 day EMA Rebuilding this position with an initial stop loss R202.50. Putting on 1% risk to the trade
Barloworld
The stock made a new high close . I raised my stop loss R132.87. I’m a bit cautious not to rush the stop loss. Next I will raise it to R137.40 . Raising the profit to +2.36%
Clicks
I decided to add a “time’ish” stop loss and raise my stop loss to R273.18 just below the tug of war around the 50 day EMA. Reducing the risk on the trade to -0.44%. If the market takes out that low. The stock isn’t going anywhere for a while. It’s just going to be killing me in swaps. I will buy back above R287.
Goldfields
Gold stocks started running again. Goldfields had a golden cross a couple of weeks ago. Today took the R175.90 resistance. I’m going to build up a position with an initial stop loss at R163.32. Putting on 1% risk.
Royal Bafokeng
The stock moved to a higher box after a doji on. Close above the doji, invaliding the short signal. I raised my stop loss to just below the doji at R132.21. The trade to slight profit at +0.55%. I will be adding a 1% risk on the trade. With 6.9 shares
Telkom
The stock broke back above the R49.70 resistance. i will rebuild my position with a 1% risk with an initial stop loss at R46.30 and 6.2 Shares
Satrix40
The buy signal confirms. The ETF had a green closed green. I will start building the position with a 1% risk. With an emergency stop loss at R62.21
Investec
Reason for entry: Box system
13.3 Shares, stop loss R69.18
Risk: 1%
Mondi
Reason for entry : Cup and Handle
4 Shares, stop loss R365.76
Risk: 1%
Richemont
5.2 Shares, stop loss R210.58
Reason for entry: Box system/ new highs
Shoprite
6.5 Shares, stop loss R181.45
Reason for entry: new 52 week high breakout
