Innocentmaponde

Innocentmaponde

Here is potential medium-term 'short' on Exxaro; its a technical 'Double-Top' chart formation. My target: 140.

Innocentmaponde

Here is medium-long term shorting set up for those who are patient enough. Its Head & Shoulder chart pattern in play! I'm calling it 500!

Innocentmaponde

Scary technical structure on BLU, which may target 300c next!

Innocentmaponde

Looks like TFG could weaken further from here. A technical descending triangle chart pattern in play. I'm calling it 75!

Innocentmaponde

If 470/480 can hold as support we may get a bounce back to 550; which area need to give in to expose 640 as next possible target!

Innocentmaponde

A break of that resistance area on Sanlam may expose 67 as next possible target!

Innocentmaponde

Currently oversold on lower timeframes which may suggest a short-term bounce into the 40 area; but this weekly chart suggest medium-long term weakness. I have a medium term target of 25 on it!

Innocentmaponde

If we lose the 175ish support on Goldfields, we could be heading for that unfilled gap around 156.

Innocentmaponde

Break of trendline support on Shoprite could fuel further downside, and target around 214 in the short term.

Innocentmaponde

Double top pattern developing on Sappi, which, if confirmed, could point to 43. At the least, that unfilled gap around 46, should be filled.

Innocentmaponde

Merafe attempting to cross above its 200dma which is coinciding with the 140c horizontal resistance. Buyers need to push that level to expose 160-180 as next possible targets.

Innocentmaponde

Bull flag technical structure building on the daily chart, which if confirmed may point to 1160.

Innocentmaponde

Fundamentals aside, this pennant technical structure points to 18.50-19.00.

Innocentmaponde

Implats possibly coming for a retest before a run to the 240 area.

Innocentmaponde

Break of pennant technical structure on weekly chart suggest a medium term move to 90!

Innocentmaponde

Sasol didn't get to my 230 'short' as per my previous analysis. Very overbought on the RSI now, and could potentially retrace. It's now facing resistance ahead, in the form of the horizontal resistance as well the 200dma just above it.

Innocentmaponde

PPC attempting a reversal here. Next hurdle to be overcome by buyers is the 260c area; but it is the 300c that must be cleared to 'confirm' the reversal.

Innocentmaponde

DRD seem to be flagging for another leg higher. A successful break of that 'bull flag' could target 16.50.