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CLICKS GROUP LTD
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Room for a retracement on Clicks?

Por RossLarter
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CLS has been on a good run lately and has continued to form new all-time highs up until the previous high on the 22nd of September. At the same time, it has been consolidating sideways mostly since mid August. With today's downwards price action, we have broken out of the bottom of the consolidation area. If this downward momentum continues, I think we could see a retracement down towards the .5 or .618 Fibonacci levels before turning again upwards to potentially form new highs. Let's see what happens.
Trade fechado: objetivo atingido
ALSIclicksFibonacciFibonacci RetracementjsesouthafricaSupport and ResistanceTrend AnalysisZAR
RossLarter
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