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Remgro technical analysis

Daily Analysis – Remgro

Today’s stock Remgro was picked up by my custom Bollinger Reversal Screener as a potential reversal stock. Its its not a straight forward mean reversal stock as there is a major resistance zone at 21,740 blocking the path to the mean at 22,200. Today’s candle is forming nice bullish Harami pattern and has and crossed back over […]

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Bidvest technical analysis

Daily Analysis – Bidvest

Today’s stock Bidvest, was picked up by my custom Donchian Channel Screener as a potential break-out stock. The Donchian channel is a trend-following indicator which was heavily used by the infamous Turtle traders, created by Richard Donchian. This screener scans the market for stocks that breakout above or below the Donchian Channel. The Donchian channel is made up […]

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