W Formation has formed on the daily and price has broken up and out of it.
Moving Averages are almost perfect but still below 200MA..
Target 1 - R49.81
Bullish
With the JSE on the next upleg, we can expect a number of Top 40 companies on the index to rise in the next week or two.
Moving Averages are almost perfect but still below 200MA..
Target 1 - R49.81
Bullish
With the JSE on the next upleg, we can expect a number of Top 40 companies on the index to rise in the next week or two.
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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)