$JSENED - Nedbank: Sideways Consolidation
Nedbank had a stellar two year bull run from March 2020 to March 2022.
The consolidation pattern from 24625 looks like a barrier triangle but it can also be viewed as a horizontal rectangle depending on where one starts the upper trendline.
There is no clear direction at this moment so I will sit on my hands.
The consolidation pattern from 24625 looks like a barrier triangle but it can also be viewed as a horizontal rectangle depending on where one starts the upper trendline.
There is no clear direction at this moment so I will sit on my hands.
