JSE STOCK PICKS

This week the JSE has all the signs of turning even though the markets are bearish. If one looks at the alsi chart a clear support can be seen at 23750 but there is a second support at 23000. Watch the momentum for the turn before trading this week.
We look to trade TBS & SBK long this week.

TBS:                              SBK:
Best Entry: 16900          Best entry: 10300
Stop loss: 16500            Stop loss: 9800

Target: 18000                Target: 11800