[:en]PSG the independent financial services group has PSG Wealth, PSG Asset management and PSG Insure under their umbrella. They have more than 200 offices in SA, 2 in Namibia and 1 in Mauritius. Their latest financial results for the year ending February 2018 reported a 7% rise in recurring earnings and their dividend for the year has risen by 11% to R4-15 per share. Their dividend yield is standing on 1.83%.
- The share has reached the top part of the channel at line A (R228-90).
- If the share manages to change line A into a support despite the overbought stochastic. The channel can take the share to R258 should the formation play out.
- The 26 & 9 day moving averages confirm that the momentum to the top is still in place.
- The spinning top candles implies uncertainty and that profit taking might easily be introduced along with the overbought stochastic indicator. Both these candles also represent a tweezer top which acts as a warning to investors.
- There is a window waiting between R217-03 and R217.
- For traders – Consider a short below line B (R224-21) but use line A (R228-90) as stop loss to protect capital. The possible targets towards the bottom are R222-68, R221-48, R220-63, R219-78, R218-74, R217-06 and R217.
- For medium to long term investors – We will only feel comfortable about this share on a weekly graph when it manages to change the 40 week moving average (R234-62) into a support again.
Frans & Christelle de Klerk[:AF]PSG die onafhanklike finansiële dienste groep het PSG Wealth, PSG Batebestuur en PSG Insure onder hul sambreel. Hulle het meer as 200 kantore in SA, 2 in Namibië en 1 in Mauritius. Hulle finansiële resultate vir die jaar geeïndig Februarie 2018, het ‘n toename van 7% in herhaarlde verdienste gerapporteer en ‘n 11% toename in dividend per aandeel. Hulle dividend obrengs staan tans op 1.83%.
- Die aandeel het die boonste weerstand van die kanaal by lyn A (R228-90) gaan toets
- As die aandeel daarin slaag om lyn A 'n steun te hou ten spyte van die oorkoopte stogastiese indikator kan die kanaal die aandeel na R258 neem indien die formasie na bo uitspeel.
- Die 26 en 9 dae bewegende gemiddeldes bevestig dat die momentum na bo nog in plek is.
- Die tol kerse (waarskuwing) wys dat daar onsekerheid onder beleggers heers en dui aan dat daar dalk winsneming kan kom met die oorkoopte stogastiese indikator. Hierdie twee kerse verteenwoordig ook ‘n haarnaaldboog hoogte wat ook ‘n waarskuwing aan beleggers rig.
- Daar wag 'n venster tussen R217-03 en R217.
- Vir spekulante – verkoop of oorweeg 'n kort onder lyn B (R224-21), maar gebruik lyn A as keerverlies om kapitaal te beskerm. Die moontlike teikens na onder is R222-68, R221-48, R220-63, R219-78, R218-74, R217-06 en R217.
- Vir medium tot langtermyn beleggers - Ons sal slegs gemaklik voel oor die aandeel op 'n weeklikse grafiek wanneer die 40 week bewegende gemiddelde (R234-62) in 'n steun verander.
Frans & Christelle de Klerk[:]