JSE:ABSP   ABSA BANK LTD PREF
Absa Market currently in a corrective phase. The bullish reversal rally found resistance at 64500 and i expect it to go further down and retest support between 5600 and 55100. Then look for buying opportunities there, targeting 76250 - 79700 for taking profit.

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.