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trendtraderjse

31 Aug - 4 Sep 2020 Market Analysis


MTN Group (MTN)


MTN is giving us the middle finger. No change in trend yet, time to close the position, at a loss.





Blue Labels Telecoms (BLU)


After a long sideways move, it's finally showing upward strength. Phew.




Invicta Holdings (IVT)


So far it's holding well above its 200EMA. Used to trade around R50/share, can it go back to that level?




Cashbuild (CSB)


Held well above its 200EMA; will the 50EMA cross above the 50EMA.




Gold


Seems to have found support at its 50EMA. Good for the gold stocks & ETFs?




S&P500 & Nasdaq


Still edging higher. ETFs tracking these indices should be moving up as well.



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