Your Morning Market Podcast 31 May 2017

31 May 2017 / Morning Market Podcast Posted by: GT247 Trading Desk

UPDATE OF THIS MORNINGS CHARTS 14h00

Richemont: Moving up well, currently up 1.7% for the day.

Richemont Chart Update.gif

Barclays Africa: Broke down to the bottom side, first target (R139.20) is about to be hit.

Barclats Africa Update.gif

In this mornings report Richemont & Barclays Africa

Good Morning,

We look at charts for Richemont and Barclays this morning.

Richemont

(Uptrend Channel, looking good to buy at current levels)

Richemont Chart.gif

Barclays Africa

(Short or Bounce? Musa discusses opportunities in the podcast)

Barclays Africa Chart.gif

This weeks earnings releases to look forward to:

WEEKLY EARNINGS CALENDAR 29 TO 2 JUNE.png

Musa Makoni | Trading Specialist at GT247.com

Follow @Makoni_Henry

Wishing you a profitable day of trading.

CFDs are complex, leveraged products. Trading CFDs is high risk and losses could far exceed your initial capital input. Please ensure you fully understand the risks with trading CFDs before considering this form of trading.

GT247.com is a product of EasyTrader (Pty) Ltd t/a GT247.com (registration number 2017/190488/07), which is a licensed over-the-counter derivatives provider (ODP43) and a juristic representative of the Purple Group Ltd which is an authorised financial services provider (FSP46315).

In respect of foreign over-the-counter derivatives, we may, in our capacity as a juristic representative of Purple Group, introduce you to foreign over-the-counter derivatives providers.

All trades on the trading platform are subject to the legal terms and conditions to which you agree to be bound.

The information on this website is not directed at residents outside of South Africa and is not intended for distribution to or use by any person in any particular country or jurisdiction where such distribution or use would be contrary to local laws or regulations. GT247.com does not market its services to persons that reside outside of South Africa.

Resources