FAMOUS BRANDS - Breaking shortterm downtrend

- After a heavy sell off as posted in the previous link below, there is early signs of breaking out of the recent downtrend.

- Stock may consolidate first before breaking out

- A close below R5378 would negate the idea

- NB countertrend trade

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.