AWPEARCE1

ABSA 1D - SETTING UP FOR SHORT

Short
JSE:ABG   ABSA GROUP LIMITED
Sideways trend in a long downward trend. Stochastic overbought. Long term fundamental sentiment on banking stocks are negative in my opinion. Sell at 9076, short stop of 9497 and targeting 6965

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.