- The chart is a good example to show that not all patterns work out and you need to be flexible to either stand aside or flip the switch and take the other side.
I mentioned that R86 needed to hold else R81.70 would become a target. Price did in fact reach a low of R79.84 before rallying back up after printing some decent bull bars on the daily.
Bulls need hold the 200dma now for any further gains in the short term. Lots of whipsaw on this name due to the sideways range.
I mentioned that R86 needed to hold else R81.70 would become a target. Price did in fact reach a low of R79.84 before rallying back up after printing some decent bull bars on the daily.
Bulls need hold the 200dma now for any further gains in the short term. Lots of whipsaw on this name due to the sideways range.