Consumer Services
Pepkor Holdings Ltd (PPH): Pepkor operates retail stores through the following segments: clothing and general merchandise, furniture, appliances and electronics, building materials, and fintech.
The price has been trading within an ascending parallel channel, recently testing the lower trendline before rebounding higher. A sustained close above the 200-day simple moving average (SMA) would confirm that bulls are regaining control of the broader trend. Adding to this, the moving average convergence divergence (MACD) is poised for a bullish crossover, signalling that upward momentum may be building.
A potential Buy/Long idea can be initiated once the price closes above the R26.50 level, with the target set at R28.33 and stop loss at R25.60.
Financials
Investec Plc (INP): Investec is in the business of financial products and services.
The price has been testing the resistance level around R137, struggling to break above it sustainably. As confluence, the MACD has made a bearish cross-under, signalling that downward momentum is building and increasing the risk of a pullback from resistance.
A speculative Sell/Short idea can be initiated, with the target set at R127.02 and the stop loss set at R139.43.
Financials
MAS Plc (MSP): MAS is in real estate investment, acquisition and development.
A classic bullish continuation setup is unfolding, with the price having tested and closed above the 200-day SMA. A sustained close above the 50-day SMA would further confirm trend continuation. Supporting this outlook, the MACD has completed a bullish crossover, indicating strengthening upward momentum.
A potential Buy/Long idea can be initiated once the price closes above R22.20, with the target set at R24.31 and stop loss at R21.06
Health Care
Centene Corp (CNC): Centene is a healthcare company that offers programmes and services to government-sponsored healthcare programmes.
A golden cross has occurred, signalling a potential shift in the longer-term trend. The price has since pulled back to retest the 200-day simple moving average (SMA) as dynamic support. As additional confirmation, the moving average convergence divergence (MACD) is poised for a bullish crossover, suggesting that upward momentum may soon strengthen.
A potential Buy/Long idea can be initiated, with the target set at $47.29 and the stop loss set at $36.07.
Consumer Discretionary
Dream Finders Homes Inc (DFH): Dream Finders is in the business of designing, building, and selling homes in high-growth markets using an asset-light lot acquisition strategy.
An inverted head and shoulders pattern has been confirmed, with the price closing above the neckline around $20.30, signalling a bullish reversal. As additional confirmation, the price also closed above the upper Bollinger Band, indicating strong upward momentum and increased buying pressure.
A potential Buy/Long idea can be initiated, with the target set at $23.80 and the stop loss set at $19.73.
Industrials
HEICO Corp (HEI): HEICO manufactures electronic equipment for the aviation, defence, space, medical, telecommunications and electronics industries.
A classic trend continuation setup is in place, with the price closing above the 50-day SMA while remaining above the long-term 200-day SMA. This alignment reinforces the prevailing bullish trend. Adding to the positive outlook, the MACD is poised for a bullish crossover, suggesting that upward momentum may soon strengthen.
A potential Buy/Long idea can be initiated, with the target set at $368.88 and the stop loss set at $314.43.
Disclaimer:
*Any opinions, views, analysis, or other information provided in this article is provided by BROKSTOCK SA trading as BROKSTOCK as general market commentary and should not be viewed as advice according to the FAIS Act of 2002. BROKSTOCK SA does not warrant the correctness, accuracy, timeliness, reliability, or completeness of any information provided by third parties. You must rely upon your judgement in all aspects of your investment decisions, and all decisions are made at your own risk. BROKSTOCK SA and any of its employees shall not be responsible for and will not accept any liability for any direct or indirect loss, including, without limitation, any loss of profit which may arise directly or indirectly from the use of the market commentary. The content contained within the article is subject to change at any time without notice. BROKSTOCK SA is an authorised financial services provider - FSP No. 51404. T&Cs and Disclaimers are applicable: https://brokstock.co.za/
** This article was prepared by BROKSTOCK analyst Maboko Seabi
© 2025 BROKSTOCK SA (PTY) LTD.
BROKSTOCK SA (PTY) LTD is an authorised Financial Service Provider and is regulated by the South African Financial Sector Conduct Authority (FSP No.51404). BROKSTOCK SA (PTY) LTD Proprietary Limited trading as BROKSTOCK. BROKSTOCK SA (PTY) LTD t/a BROKSTOCK acts solely as an intermediary in terms of the FAIS Act, rendering only an intermediary service (i.e., no market making is conducted by BROKSTOCK SA (PTY) LTD t/a BROKSTOCK) in relation to derivative products (CFDs) offered by the liquidity providers. Therefore, BROKSTOCK SA (PTY) LTD t/a BROKSTOCK does not act as the principal or the counterparty to any of its transactions.
The materials on this website (the “Site”) are intended for informational purposes only. Use of and access to the Site and the information, materials, services, and other content available on or through the Site (“Content”) are subject to the laws of South Africa.
Risk notice Margin trading in financial instruments carries a high level of risk, and may not be suitable for all users. It is essential to understand that investing in financial instruments requires extensive knowledge and significant experience in the investment field, as well as an understanding of the nature and complexity of financial instruments, and the ability to determine the volume of investment and assess the associated risks. BROKSTOCK SA (PTY) LTD pays attention to the fact that quotes, charts and conversion rates, prices, analytic indicators and other data presented on this website may not correspond to quotes on trading platforms and are not necessarily real-time nor accurate. The delay of the data in relation to real-time is equal to 15 minutes but is not limited. This indicates that prices may differ from actual prices in the relevant market, and are not suitable for trading purposes. Before deciding to trade the products offered by BROKSTOCK SA (PTY) LTD, a user should carefully consider his objectives, financial position, needs and level of experience. The Content is for informational purposes only and it should not construe any such information or other material as legal, tax, investment, financial, or other advice. BROKSTOCK SA (PTY) LTD will not accept any liability for loss or damage as a result of reliance on the information contained within this Site including data, quotes, conversion rates, etc.
Third party content BROKSTOCK SA (PTY) LTD may provide materials produced by third parties or links to other websites. Such materials and websites are provided by third parties and are not under BROKSTOCK SA (PTY) LTD's direct control. In exchange for using the Site, the user agrees not to hold BROKSTOCK SA (PTY) LTD, its affiliates or any third party service provider liable for any possible claim for damages arising from any decision user makes based on information or other Content made available to the user through the Site.
Limitation of liability The user’s exclusive remedy for dissatisfaction with the Site and Content is to discontinue using the Site and Content. BROKSTOCK SA (PTY) LTD is not liable for any direct, indirect, incidental, consequential, special or punitive damages. Working with BROKSTOCK SA (PTY) LTD you are trading share CFDs. When trading CFDs on shares you do not own the underlying asset. Share CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail traders accounts lose money when trading CFDs with their provider. All rights reserved. Any use of Site materials without permission is prohibited.
