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ABSA GROUP LIMITED
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ABSA Short

Por RossLarter
Atualizado
ABG has broken out of the symmetrical triangle pattern that had formed.
Today it seems to be retracing a bit and you might find that it will bounce off the resistance before continuing downwards.
Depending on your risk appetite, you can enter a short right away or wait for a retracement and bounce before entering.
Nota
It has now formed a Bullish Engulfing candle pattern, so be careful in this trade going forward as it might continue upwards
ABGabsaALSIjsesouthafricaSupport and ResistanceTriangleZAR
RossLarter
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