ArcelorMittal – Long target reached, and then some. BHP Group – Stopped out of the short trade with the daily close above 460.
USDZAR – Bullish breakout from falling channel and above 14.50 resistance targets 16.00 for starters. ArcelorMittal – Bullish breakout above 5.40 targets 6.25.
Mr Price – Bullish breakout from falling channel targets 223 & 235.
Anheuser-Busch – 2nd & full short target reached.
Liberty Holdings – Bullish breakout on weekly chart targets 87 & 102.
Growthpoint – Bullish breakout above 15 resistance on weekly chart targets 18 & 21.
Anheuser-Busch – 1st short target of 100 reached.
Blue Label Telecoms – 1st long target of 5.10 reached.
USDZAR – Top of descending channel has been reached, 14.50 looks to be resistance. Renewed Rand strength from here? A weekly close above 14.50 will signal a trend change. Anheuser-Busch – Loss of 103 support could see it move down to 100/97. Blue Label Telecoms – Bullish breakout from descending wedge pattern on weekly chart targets 5.10 & 5.70. JSE Read more »
Sun International – Stopped out of the long trade unfortunately. Thanks Cyril.