Inverse Head and Shoulders formed on Clicks.
The price broke up and then there was a consolidation to the downside forming a somewhat Falling Pennant.
During this time the price bounced off the 200 MA and the uptrend.
This coonfirms the upside will continue along with other indicators.
7>21>200
RSI>50
Target remains at R340.76
The price broke up and then there was a consolidation to the downside forming a somewhat Falling Pennant.
During this time the price bounced off the 200 MA and the uptrend.
This coonfirms the upside will continue along with other indicators.
7>21>200
RSI>50
Target remains at R340.76
✅ Facebook:
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)