UPDATE: Target Reached Aspen R206.03 - Next target higher

191
Symmetrical Triangle was a a text book trade. The previous trend was up. Price broke above the apex 3/4s in and the momentum continued up.
We had further indicators of confirmation for upside to come.
Price>20
Price>200
Target 1 R206.03

So what now? Well we can expect somewhat a consolidation, and a potential Cup and Handle to form. Then we have the next target above R221.

It might be messy to buy now, but in good time it should present a great opportunity. I'll let you know.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.