Timonrosso

ABSA showing major downside to come to R76.08

Short
JSE:ABG   ABSA GROUP LIMITED
Head and Shoulders has formed ont he dail since Early 2022...
The price broke below the neckline and has since then, been showing lower highs within the down channel,

We also have confirmed downside with the Moving Averages.

Price< 20 and <200

It looks bleak but the system is the system, so the first target is set to R76.08

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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