A nice channel is developing, but it must break above R15 to give me confirmation that it is still in an uptrend.
It's at a major support level now (14) and if it breaks lower then I believe R13 could be tested.
If it breaks lower that should be fine as long as it doesn't confirm a new lower low - I want to see it above R13.20 for me to feel confident.
My stop loss is at R12.50 - at this point, I will cut my losses and accept an 8% loss on capital.
What are your thoughts? Are you a buyer or a seller?
It's at a major support level now (14) and if it breaks lower then I believe R13 could be tested.
If it breaks lower that should be fine as long as it doesn't confirm a new lower low - I want to see it above R13.20 for me to feel confident.
My stop loss is at R12.50 - at this point, I will cut my losses and accept an 8% loss on capital.
What are your thoughts? Are you a buyer or a seller?
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.