I previously highlighted a bear flag which was forming on the daily chart, after which we saw the big price drop on January 14.
That January 14 big red candle is now acting as the 'pole' for another bear flag which is/has formed.
At a price of R28 (or better) I'm going 'Short'.
That January 14 big red candle is now acting as the 'pole' for another bear flag which is/has formed.
At a price of R28 (or better) I'm going 'Short'.