Logaro1

Logaro1

Following the Discovery results, momentum indicators turned positive! The current trend set-up around the R 110 / R 115 levels re-affirms my expectation of a strong price recovery ahead.... This is a name where short gamma may plague the markets on the back of several director OTC hedges. Love the saying " A vulture is a patient bird "! It is a name that needs a...

Logaro1

After several massive write-downs in the Australian operations, seems like we set to finally break the R 55.00 level with ease. Momentum suggests she got legs this time around, very bullish indeed.

Logaro1

After a solid rally, we turning bearish in Amplats as the stock fails to meaningfully break above the resistance located at R 870.00. All momentum indicators suggest a trend reversal and we propose shorting the shares in anticipation of a strong trend reversal.

Logaro1

Sanlam is a name that keeps coming up on our systems. Extremely negative price divergence is at play with strong weak stochastics pointing to expectations of further pain ahead. I am of the view that Selling into strength and strength will pay off!

Logaro1

The bullish stochastics confirms this break above the R +/- 110 resistance level. worth picking up a few ... get ready for the ride-> Target at R 120.00

Logaro1

After finding a firm base around the R 500 levels , BTI is set to stage a comeback. Interesting name to watch , looking for a firm break above the R 550 levels. Time to get excited !

Logaro1

The Aspen share price has set a solid base around the R 100.00 levels. I'm getting excited about the futures price prospects and anticipate a strong recovery toward R 120.00 Furthermore, the stochastic's confirms my view of a strong recovery! Time to build a solid position

Logaro1

The Bearish price action in Tigerbrands is set to persist...following the failure to break above the R 240.00 resistance level. Stochastic and DMI confirmation supports a move towards the R 200.00 support levels ... keep a close eye.

Logaro1 Updated 

Aspen time to go long ! After the sell-off early October 2018, Aspen’s share price has been building a sold base for several months. Most recently the R 140.00- R 145.00 base is in play… I'm loving the positive momentum and a move towards R 200.00 is sensible ...go go go go !

Logaro1 Updated 

The Top40 Index recent weakness confirms my views of a strong recovery being set in motion! The 47 000 level held ! .. so get ready for a strong move towards the 49000 levels. Implied volatility is agreeing with my assertion getting clobbered to Mar'19 and Jun'19 expiration! Falling over 2.5v over the course of just two days!

Logaro1 Updated 

Sanlam setting up for a breather after the strong distribution zone at R 84 – R 86 (trade resistance) holds. Of the view the stock will take a breather and consolidate around the trend support located at around the R 73.00 / R 75.00 levels.

Logaro1 Updated 

Absa Group showing positive momentum after testing the R 140.00 support followed by consolidation around the R 160.00.. This reaffirms a move towards R 200.00 over the medium term.. Look to accumulate around the R 170.00- R 172.00 levels.

Logaro1 Updated 

Aspen had an incredibly difficult 2018, with the stock losing over half of its value in only a few months. The sale of Aspen’s infant milk business (a price below market expectations) together with the elevated debt levels are seen as major catalysts leading to the decline in Aspen’s share price from R 260.00 to below R 130.00. Reviewing the time series, we note...

Logaro1 Updated 

Sasol failed to break meaningfully above R 448.00 / R 450.00 resistance! Been losing momentum with R 400.00 support in play once again… stronger ZAR set to take its toll.

Logaro1 Updated 

Sappi momentum indicators flagging trend weakness. Stock price crosses major support R 75.50 / R 76.00...price set test the R 62.00 / R 60.00 levels over the medium term.

Logaro1 Updated 

Expecting a trend reversal on a failed break above the key resistance R 132.00 / R 134.00 levels. Failure will result in a downward trend to possibly test R 117.50 / R 118.50

Logaro1 Updated 

Woolworth's once a defensive play on the higher SA LSM, failed to hold there ground following the acquisition of David Jones.... Given the various write-downs on the David Jones division, not to mention the various changes to management, the share price declined and found support around the R 48.00 handle, and most recently, found some legs to set an area of...

Logaro1 Updated 

Richemont has been consolidated over the past few months around the R 90.00/ R 95.00 levels..and has recently broken above a key resistance at R 95.00.. This following this mornings results coming inline with consensus. The stock is a good proxy for any good news coming from the US/ China trade talks and may possibly re-rate upwards. I'm of the view the stock...