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techpers
Jan 28, 2024 2:29 PM

ABG Long

ABSA GROUP LIMITEDJSE

Description

My goal is to identify and convey the most relevant information that will lead to actionable opportunities. While I do publish the Tactical Trading Guide, there are times when a reading is worth highlighting due to the significance of the opportunity at hand. On 11 December, the reading for Absa Group pointed to a potential buy, with all three time frames being in favour of a near term rebound. The readings at the time is on the chart. We have since seen the share find a base and on Friday, print a massive candle which may be reflecting strong buying interest.
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