The Return of the Golden-Era

30 Jun 2020

Very interesting level on Gold Fields ( GFI ). Not only is it trading close to its all-time high levels, made back in 2006 (yes, exactly 14 years ago), but a break and close above the Ascending Triangle (R159.50) could very much put GFI in uncharted territory. A profit target can be estimated based on the height of the triangle added or subtracted from the breakout price. The thickest part of the triangle is used. This means that should GFI break above the triangle, it could very much target R230. If I was a short-term trader, my stop-loss would be at the 50-day Exponential Moving Average at R136.63, which also coincides with the bottom of the triangle.

23 Jul 2020

Trade aktif

First Target Reached according to our Investment report: oldoak.co.za/wp/index.php/2020/07/03/get-to-know-your-jse-companies-gold-fields-limited-jse-gfi/

27 Jul 2020

Trading ditutup: target tercapai