Maboko

Maboko

Hi traders! The S&P500 looks poised to cool off. What do you think? the previous high of $4602 region looks to like a point of interest. The RSI has been in overbought territory and momentum to the downside apply.

Maboko

OMU has been in an ascending channel. Price has closed above the 200-day SMA, still favouring the bulls. Direction: Buy Target: R12.92 Stop loss: R11.51 Risk/Reward: 1.5 Traders/Investors should always make their own analysis, the idea posted is just a guideline. Risk management is always your number one priority.

Maboko

SOL has been in a channel since March 2023 with the upper bound at R265.71 and the lower bound at R220.90. It has currently tested the lower bound. Does it still have legs for testing the upper bound? Traders should be cautious because it is still trading below the 200-day SMA. Direction: Buy Target: R257.80 Stop loss: R216.09 Risk/Reward: 2 Traders/Investors...

Maboko

Since December 2022 Sanlam has been in a steady upward movement. The MACD is making a bullish crossover and the share is +-12% higher than the 200-day SMA, confirms the direction for long. Direction: Buy Target: R70.96 Stop loss: R62.71 Risk/Reward: 1.5 Traders/Investors should always make their own analysis, the idea posted is just a guideline. Risk management...

Maboko

Price has been in a descending channel and the 200-day SMA has been acting as a dynamic support and resistance level. Direction: Sell Target: R15.34 Stop loss: R17.66 Risk/Reward: 2 Traders/Investors should always make their own analysis, the idea posted is just a guideline. Risk management is always your number one priority.

Maboko

BTI has been in a descending channel. Is it time for a breather before further downside? Remains a risky trade. RSI signaling a bullish divergence. Direction: Buy Target: R617.42 Stop loss: R549.82 Risk/Reward: 2 Traders/Investors should always make their own analysis, the idea posted is just a guideline. Risk management is always your number one priority.

Maboko

The ongoing war with Israel and Gaza has spooked investors. This coupled with the inflationary environment could lead to further downside for stocks. The SA40 has been making lower highs and lower lows. Could this be another low unfolding? Target: R65164.87 Stop loss: R68146.11 Risk/Reward: 2 Traders/Investors should always make their own analysis, the idea...

Maboko

Price is trading below the 200-day moving average, accompanied by lower lows and lower highs. MACD line has crossed below the signal line. Idea: Speculative Sell/Short Stop loss: R8.26 Target: R7.16 Risk/Reward: 1.5

Maboko

Price has recently been in a down trend, there have been lower lows and lower highs. The price is below the 200-day moving average. MACD has crossed below the signal line, momentum to the downside. Idea: speculative Sell/Short Stop loss: R26.80 Target: R22.17 Risk/Reward: 1.5

Maboko

The 200 day moving average may be used as a dynamic support/resistance level which the price has bounced of the moving average. There is a MACD bullish divergence unfolding. Idea : Long/Buy Stop loss: R69.90 Target: R86.50 Risk/Reward: 1:2

Maboko

Shorter timeframes carry risk. This remains a risky idea. So if the share price crosses and closes above the 20-day moving average, we can initiate a Buy/Long idea Entry: $266.50 Stop loss: $259.60 Target : $281.59 Risk/Reward: 1:2 This should not be regarded as advice but merely an idea

Maboko

We can see the share price has been hovering around the 200-day moving average, using it as a dynamic support/resistance level. MACD is added as confluence to confirm the momentum to the downside. Speculative Sell/Short Stop loss: R 168.11 Target: R153.07 R/R: 1:1.5 This is merely an idea and not advice.

Maboko

Further upside momentum? Speculative buy/Long idea Stop loss: R67.06 Target: R72.95 R/R: 1:1.5

Maboko

We saw the price make a new high before retracing back to the major resistance turned support level. Entry idea: Long/Buy Stop loss: R240.90 Target: R282.95 R/R: 1.5

Maboko

The price has tested the 20000 mark for the third time. Proving to be a short term support. Long was initiated. Stop loss; 19777.50 Take profit: 20995.39 Risk/Reward ratio: This remains a risky idea.

Maboko

Given the strong momentum on the upside, Will it weaken? what do you think?

Maboko

Consolidation, expecting it to remain in the range to the downside *No.1 Manage your Risk*

Maboko

Still in the consolidation phase? Stop loss: 2029.05 Take profit: 1672.00 Risk/Reward: 3 *No.1 Manage your Risk*