DivanR

Possible SHS on JSE:AEL

Long
JSE:AEL   ALTRON LIMITED A
Is it a possible SHOULDER-HEAD-SHOULDER forming?

The MACD very close to make a positive move which can be a signal to complete the shoulder on the right.

We might see a downtrend at the end of our second shoulder or maybe a retest and then a downtrend.

I am not sure where the reversal might end, but wherever it ends it could be a good buy in opportunity.

I am new to this, but let me know your thoughts and please don't take this as financial advice.