With uncertainly about WeChat being banned in the US as well as the TikTok situation, Huawei etc and other Chinese companies' status on US stock exchanges uncertain, could temporally affect Naspers, as can be seen in the multiple tops and gaps created lately.
When and if it breaks the diagonal trendline, there are 2 support zones below. Could be a volitile move down with gap ups included.
----Could also create another peak, which would form a large head and shoulders structure.----
Also the Level 2 pop on Monday 17th was very short lived
My personal view, not a trade recommendation
Naspers
NPN
When and if it breaks the diagonal trendline, there are 2 support zones below. Could be a volitile move down with gap ups included.
----Could also create another peak, which would form a large head and shoulders structure.----
Also the Level 2 pop on Monday 17th was very short lived
My personal view, not a trade recommendation
Naspers
NPN