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Timonrosso
Dec 9, 2022 12:43 PM

Aveng short potential symmetrical triangle - Target R8.08 Short

AVENG GROUP LIMITEDJSE

Description

Symmetrical Triangle has formed on Aveng... With the property prices on the way down with the global crash, we can expect the price to drop further... However, as traders we need to wait for a breakdown first, to confirm...
This could very well break up and we could have a Reversal Bull Symmetrical Triangle.
But right now the bias is bearish with a target at R8.08
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