UPDATE Nampak setting for a HIGHER targetJust a quick update on Nampak.
Before a Cup and Handle formed, broke above the Rim and since then it's being moving sideways with higher lows.
Now, we have another W Formation with a consolidation pattern completing. So now that the price has broken above, it gives a stronger confirmation of upside to come.
W Formation
Price>20 and 200MA
NEW Target R556,84
Is this the end of Jubilee Metals - Target to 45 cents? Metals recovery (copper focus)
🔻 Why Downside (Fundamentals)
📉 Weak Earnings - Loss + falling expectations
⚠️ Transition Risk - Selling assets → uncertainty
Selling Pressure - Big holders = volatility risk
Higher oil from war = higher costs + inflation pressure → bearish for industrial/processing companies like Jubilee.
📉 Technicals
Below 20MA and 200 MA = bearish
Inverse cup & handle → breakdown
🎯 Target: ~45c
Buy Candidate: Pepkor Holdings (Code: PPH) Idea sourced via technical screener.
Pepkor Holdings Limited (JSE: PPH) is a South African investment and holding company focusing on discount and value consumer retail, lifestyle products, and fintech markets. Headquartered in Cape Town, South Africa, it operates the largest retail store network in Southern Africa, with over 6,000 stores across several African countries and Brazil.
Strategy: Model signal and technical inflection point.
Buy Candidate: Discovery Holdings (Code: DSY)Idea sourced via technical screener.
Discovery Limited (formerly Discovery Holdings) is a South African financial services group that provides healthcare, life insurance, short-term insurance, banking, and investment products.
Core Services and Products
Discovery Health: Operates the largest private medical scheme administrator in South Africa.Discovery Bank: Offers digital retail banking solutions including accounts, deposits, and loans.Discovery Life & Insure: Provides life assurance, car i
Optasia (Channel VAS Investments): AI Fintech, Profitable, The chart is difficult to ignore.
Price has been trending lower for months and there is no denying that. The market is clearly demanding more evidence before assigning a higher valuation to the business.
At the same time, momentum indicators are beginning to show something worth watching.
RSI remains relatively weak and reflects the broader downtrend, but it has stabilized instead of making new lows. Stochastic RSI has rolled over from higher levels and is currently cooling off rather than si
PBT Holdings: A Double-Digit Dividend Yield Hidden Inside a TechLooking at the chart, I do not see a breakout.
I do not see strong momentum in the share price.
What I see is something much more interesting.
The stock has spent a long time moving sideways while investor interest remains extremely limited. Price has barely moved, yet momentum indicators have gradually improved. RSI has recovered from depressed levels and Stochastic RSI has strengthened considerably, suggesting that selling pressure may be fading even though the market has not yet rewarded t
Anticipating Trend Exhaustion & Long ReversalStrategic Entry: The "Deep Dive" Target: You’re eyeing an entry under 4,702. This represents a final flush out below the Wave 5 floor shown on the chart, likely hunting for liquidity before a trend shift.
Reversal Confirmation: While the entry is aggressive (bottom-fishing), the long-term trend reversal isn't technically "locked in" until we see the first Lower High (LH) signal at 6,003. A break and hold above that level would mark the structural shift from a bearish to a bullish regime.
Th
South32 (S32) Acceptance Confirms Above Green VTAcceptance confirmed above the green Value Triangle (VT). Structure remains valid above the red Boundary Line (BL), with repeated VT behaviour supporting the migration higher.
Orange T1 levels remain active above current price action. Exit on close below the red BL.
Sector context:
Mining and materials remain mixed but supportive, with continued focus on copper, aluminium and energy-transition metals across the global diversified miners space.
Ticker-specific news:
Recent focus remains on So
Absa Group (ABG): Exhaustion & Retracement AnalysisThe stock is currently showing signs of exhaustion after a sustained run, moving into a corrective AB=CD structure. Technically, this bearish harmonic pattern suggests a natural "cooling off" period is overdue. We are looking for price to gravitate toward the 50% to 61.8% Fibonacci retracement zone, which represents a critical area for seasonal loading and trend re-evaluation.
Fundamentally, this retracement is being driven by a "triple threat" of local and global factors. The recent oil tanker
Pick N Pay's Rebellion : Rally Against SELL Ratings? On the 11th of July 2024, JSEPIK opened 33% lower after setting out the terms of a 4 billion-rand rights offer of 252.2 million shares at R15.86 each. Demand then came into play and the share ticked higher, smooching near R35 by January 2025.
Price eventually came down to rebalance part of the July 2024 price action and found support around R17.70, leaving a R2.25 (14%) gap before price gained 20% to R21.24 in 1 month. This was a potential signal that there are still some buyers interested in
The Correction1. Technical Outlook: The 14,191 Pivot on the 4-hour chart, the price is currently hovering around 15,611 after a period of sustained growth.
The Correction Target: The white line identified at near Fib zone of (0.50) 14,191 represents a critical structural level—the previous higher high that often acts as a landing zone during a retracement.
Downside Risk: If price fails to find support at 14,191, the next significant floor sits near the 12,500 region, which aligns with previous consolidation
SBK's actual rally has not yet started - false rally in play!While SBK is up today by close to 2 percent, it is only a bear market rally says Elliott Wave. Standard Bank Group Limited (ticker symbol: SBK) remains wave 4 just like majority of the JSE listed stocks especially those included in the JSE Top 40 Index. However, Elliott also warns that the bottom is nearing!
Northam Platinum about to crack down to R228?
📊 Quick Snapshot
🏭 PGM miner focused on platinum, palladium, and rhodium
🇿🇦 Operations based in South Africa
💰 Very sensitive to commodity cycles
🔻 Why Downside Is Likely
📉 Demand Is Weakening
Global growth is slowing, reducing demand for PGMs
🛢️ War Is Pushing Costs Up
Higher oil prices are increasing mining costs and squeezing margins
🌍 Macro Environment Is Soft
China and Europe are slowing, which weighs on commodities
📉 Technical Breakdown
A double top has formed, sho
CSB, Cashbuild Ltd | SA home improvement retailer📌 **CSB | Cashbuild Ltd (JSE: CSB)**
🏗️ SA home improvement retailer with regional footprint across SADC.
💹 **Current Price:** ~R140
📈 **52-Week High:** R200
📉 **52-Week Low:** R120
📊 **All-Time High:** ~R504 (chart reference)
✍️ **Latest News:** Q2 FY2026 update reflects operational trends; dividend yield remains ~4.3%.
.
📰 Latest News & Drivers:
• Cashbuild released a second quarter FY2026 operational update in late Jan 2026.
• Dividends remain part of returns — paid semi-annually wi
Prosus N.V. – diversified global internet & tech invest💹 Current Price: ~R875 (≈ 87 500 ZAc) – delayed price from recent data.
📈 All-Time High: ~125 581 ZAc (≈ R1 255.81) – historical peak.
📉 All-Time Low: ~31 044 ZAc (≈ R310.44) – March 2022 low.
📰 Latest News & Market Drivers:
• Prosus and Naspers plan to remove their cross-holding structure – a structural corporate action that could affect valuations.
• Recent interim financial results and updates on the share repurchase programme released via SENS reflect ongoing capital return initiatives.
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Impalas break from grazing at Platinum Holdings JSE:IMPWhen the Market opened on Monday the 7th of April 2025 Impala Platinum Holdings had buyers taking it off from lows around R87.12, onto a rally that persisted up to a new All-Time-High around R379.48.
The instrument went on to print a bearish-piercing candlestick pattern on the Weekly Time Frame over the last week of January 2026, indicating strong profit taking and a signal for the instrument to potentially have a steep pullback.
Currently the stock is trading around R289.61 marking a steep 2
Orion Minerals Limited (ORN) - JSE Orion’s shares have been volatile over recent months after capital raising news and project developments. In late 2025, the stock traded lower compared with earlier highs, with a notable drop (~17.4%) reported around October 2025 following its financial results and ongoing work programs. At that time, shares were trading around the ~19 c level, down from ~22 c a year earlier.
Orion is progressing its flagship Prieska Copper-Zinc Mine project, moving toward construction and aiming for first co
4Sight (4SI) - JSEforming what appears to be a Higher Low (HL) on the chart. After the sell-off, the structure suggests that buyers stepped in earlier than the prior low, indicating a possible shift in market dynamics.
Since establishing this HL, price has been attempting to move higher, reflecting renewed bullish pressure as the market looks to build on the recent low and challenge resistance areas above. The current action suggests that the downside may have been mitigated for now, and the developing structure
SASOL (SOL)- JSEPrice has recently struggled near key resistance levels and is showing signs of slowdown after multiple attempts to push higher, which could signal a short-term pullback to structural support zones.
📌 Summary
This idea assumes a temporary pullback first, offering a “buy low” opportunity ahead of a larger upside continuation. The trade plan doesn’t chase short-term strength — it anticipates a measured retracement into strong technical support before committing capital.
Anglo American Monthly ViewAnglo American is in pursuit of a yearly low, first we look for a swing low, then a close above the 10 period moving average. At a minimum the yearly low will see price breach the upper resistance of the Pitchfork. In terms of time, we are within a time after a long cycle from the COVID lows.























