- The share looks to be in the late stages of accumulation with a nice pattern displaying contraction in volatility (flat top triangle)
- A break on volume could see price move towards the 200 moving average (weekly) which is currently in the R80 zone (The price it was in the beginning 2020)
- A close below R43 would negate the idea and be bearish for the stock.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- A break on volume could see price move towards the 200 moving average (weekly) which is currently in the R80 zone (The price it was in the beginning 2020)
- A close below R43 would negate the idea and be bearish for the stock.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.