SteynTrade

JSE:AFH Alexander Forbes Looking for a Test of the Lows

Short
JSE:AFH   ALEXANDER FORBES GRP HLDGS
After a trading range starting in July 2018, Alexander Forbes has been in a trading range. After an upthrust and tests forming lower lows price broke below the trading range. We have now seen a backup to the trading range and now a push lower again. We can expect the lows R2,80 to be tested again. If this is broken there could be more downside.

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.