Opportunities among the turmoil
Less prominent stocks shine on the all-share
WE UPDATE A CHART of the JSE all-share index shown in this column a few weeks back. The index is now getting down to its target levels. However, despite domestic and overseas stock markets being in turmoil, there are profitable opportunities in some of the less prominent stocks on the JSE – for example, Basil Read. We show its chart, with a trading opportunity lining up. But it’s the weekly chart of the all-share – that shows its price getting close to long-term support – that should be of great interest.
Please note: For more charts by the author on shares, indices and commodities please go to www. themarket.co.za.