We can see the share price has been hovering around the 200-day moving average, using it as a dynamic support/resistance level. MACD is added as confluence to confirm the momentum to the downside.
Speculative Sell/Short
Stop loss: R 168.11
Target: R153.07
R/R: 1:1.5
This is merely an idea and not advice.
Speculative Sell/Short
Stop loss: R 168.11
Target: R153.07
R/R: 1:1.5
This is merely an idea and not advice.