Absa Bank Group retracement since the rally Short

ABSA GROUP LIMITEDJSE

Description

⋅ Aug 15, 2023 10:46 AM

Head and Shoulders has formed on Absa Bank Group
It looks like after the rally, the price wants to come down a bit and retest some of the lows.
As the JSE is in a turbulent stage, anything can happen.
200>21>7
RSI<50
Target R155.68