501 replies to this topic

[Pilotpilot]

Portfolio now really picking up speed! Up R20k for today  !

 

PPC and BAW (bought 18 May), is now in 4th gear! Hope they both have 6 speed gearboxes.

 

Hope JSE and SPP (bought on 19th) will at least get into first gear tomorrow.

 

 

My feeling is the market ALSI will actually start moving Monday.

 

 

 

 

Attached Files

•  Trending Shares (Week 21).xlsx   25.94KB   43 downloads

[Pilotpilot]

SBK is not on my list, but it is showing the same signals as JSE.

 

I am adding it as a long position (4 stars) for the portfolio @ R168-89.

 

 

[Pilotpilot]

Pilot

You still happy with the JSE position?

 

Oh ye. Support is right between R136-60 and R136-72 (Double support line). It is a great buying opportunity. I got at R137-50.

 

I would like a close above R136-72 tonight. That would be a perfect test and confirmation.

[GDP]

Pilot

You still happy with the JSE position?

[Pilotpilot]

Closing SHF long position. It has not moved up, after 6 trading days. Breaking trend intraday and closing @ R77-07.

 

It could test R74-00 to R75-00 level and I would re-enter at a later stage.

[Pilotpilot]

Hi Gents

 

Attached is tomorrow's trending shares. I couldn't go through all the shares, but managed to add ACL as a new short trade and checked all the running trades.

 

I still like all the positions and will say that I would add to these, especially those that have not started to run yet, or made slight progress.

 

Looking forward to CFR results tomorrow.

 

Happy trading

 

Pilot

Attached Files

•  Trending Shares (Week 21).xlsx   24.95KB   53 downloads

Edited by Pilotpilot, 20 May 2015 - 10:10 PM.

[Pilotpilot]

Just a quick update after market close

 

3 shares were closed today EXX, BVT and MTN. MTN was closed with regards to the strike. EXX did R12 700 in its trend, and KIO was closed this morning, because of a break of trend , just to drop 6% today... too make me look like an idiot again.

 

The portfolio has done well today despite the new long positions testing their lower support. It is standing on R35 600 (16,72%) profit for the week, with 2 days to go. 

 

I am a little concerned on SPP and CFR trading ranges today. We might see a slight retracement before the bull trend starts.

 

I will post tomorrow's shares later.

 

 

 

Pilot

Attached Files

•  Trending Shares (Week 21).xlsx   26.46KB   14 downloads

[Pilotpilot]

Hi Pilotpilot, 

 

I see long MTN is also on your list, are you staying in or dumping? Striking throws technical views into disarray imho,

 

Hi Danie

 

Thanks for the heads up on the strike. Ye , I just checked intraday charts, MTN broke support and is very near turning into a full Bear.

 

I'm closing this position @ R228-00

[danie.strijdom]

Hi Gents

 

Attached is today's updated shares.

 

CFR has been pushed since Friday and have their results out tomorrow. I couldn't catch a trade on this one, but it looks like the people with inside info, are pushing the price. It could start at R110-00 today, and that would be a great sign, if that support holds.

 

I will give more info in the morning.

 

Need to sleep!!

 

 

Enjoy the trades

 

Hi Pilotpilot, 

 

I see long MTN is also on your list, are you staying in or dumping? Striking throws technical views into disarray imho,

[Motion Picture]

  Ye , the Prince of Darkness was to blame!!! He was shedding his load between 8-10pm .

   

[Pilotpilot]

I see SPP (Spar) has brought out their results this morning, and its looking pretty good from the headlines.

 

Got into this 3 star trade yesterday for the portfolio. Should be nice jump today and this should confirm the strong trend to come.

[Pilotpilot]

Hey, this was deep into the night Pilot!!!

 

  Ye , the Prince of Darkness was to blame!!! He was shedding his load between 8-10pm .

Edited by Pilotpilot, 20 May 2015 - 08:48 AM.

[Motion Picture]

Hi Gents

 

Attached is today's updated shares.

 

CFR has been pushed since Friday and have their results out tomorrow. I couldn't catch a trade on this one, but it looks like the people with inside info, are pushing the price. It could start at R110-00 today, and that would be a great sign, if that support holds.

 

I will give more info in the morning.

 

Need to sleep!!

 

 

Enjoy the trades

 

Hey, this was deep into the night Pilot!!!

[Pilotpilot]

Hi Gents

 

Attached is today's updated shares.

 

CFR has been pushed since Friday and have their results out tomorrow. I couldn't catch a trade on this one, but it looks like the people with inside info, are pushing the price. It could start at R110-00 today, and that would be a great sign, if that support holds.

 

I will give more info in the morning.

 

Need to sleep!!

 

 

Enjoy the trades

 

 

Attached Files

•  Trending Shares (Week 21).xlsx   25.15KB   62 downloads

[Pilotpilot]

afternoon Pilot, would you mind telling me the attraction of JSE apart from its recent breakout tech? Thanks

 

Hi Ocean

 

Apart from the tech break, all 10 my indicators turned bullish on Friday. Something else must be brewing. These indicators together are hardly wrong.

JSE has broken just about every resistance there is, and found support on multiple support levels, see chart attached. It is on a very steep uptrend and it entered strongly on Friday, thus the 4 star rating. I have no idea why it is pushing so hard. All I could find is that Prudencial increaced their shareholding in JSE to more than 10%, and the good results they had in March. They have nearly no Debt and they have around R1,6billion is cash. The dividend is also due in 2 1/2 weeks.

 

I use technical indicators 90% of the time to show which way a share is going. I pick it up here before the news breaks.

There might be news coming out soon?   Someone is really gobbling up JSE shares. I think R150-00 could be reached in the near future.

 

Time will tell, if I was wrong.

 

Financial review

Group earnings after tax for 2014 increased by 25% to R634 million (2013: R507 million), with operating revenue growing by 13% (2013: 12%) to R1.8 billion (2013: R1.6 billion). This is underpinned particularly by strong growth in annuity revenue from listed companies (with 24 new listings in 2014 ? the highest since 2008) and products as well as notable cost management.

Attached Files

•  JSE.docx   245.01KB   20 downloads

Edited by Pilotpilot, 19 May 2015 - 10:33 PM.

[OceanWalz]

afternoon Pilot, would you mind telling me the attraction of JSE apart from its recent breakout tech? Thanks

[Pilotpilot]

Just a quick afternoon update.

 

On the new positions, we only got JSE this morning. Although it hasn't jumped up today, it is in fact just testing the support of the previous high, R136-72. It has actually not traded close to that, and is a very good sign. We missed BAT again (up 17% in 3 days now  ) , but maybe tomorrow we can get it at the right price !!!

 

On the running shares PPC (long) and HAR (short) did very well today, both moving more than 5%. HAR was closed at R18-10, and it is trading even lower. I like the exit now, as this was the juicy part of the trend ,  and the rest is more risky and not as fruitful. HAR trend was 15% in 6 trading days. 

 

ACL and KIO was closed as well, after they both looked as if they broke the trend. And then both of them dived like Falcons today!!!!   If I could just sometimes listen to myself, when I say, I should trust the triggers more.

 

Anyway, the portfolio is doing very well, even without BAT on board.

 

It's up around R32 800 for the first 2 days of the week (R26 000 for the day), and it looks exiting for the week to come. 

 

The ALSI is also testing support today, and it's a very good time to get into long positions.

 

I will update later this evening.

 

Happy Trading

 

 

Pilot

Attached Files

•  Trending Shares (Week 21).xlsx   24.35KB   38 downloads

Edited by Pilotpilot, 19 May 2015 - 03:24 PM.

[hexadecimal]

@pilot - Just as 'BlythZ' says, 'very unselfish of you' and well appreciated ! 

 

I'm quite and don't add much. I will soon. (still learning)

 

cheers and thanks

[Pilotpilot]

great thread Pilot    excellent annual return! will probably follow through on some of your setups, thanks for contributing.

 

Cheers, only a pleasure!

[jason-dog]

Hi Pilotpilot, Your effort in taking the time to produce this information, is really appreciated. Good Work.