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BambooGrowth
Jan 7, 2021 9:47 AM

JSE trade of the month - Bid Corp Long

BID CORPORATION LTDJSE

Description

So Bid Corp (JSE share), completed a bearish shark pattern.
And after a shark pattern comes the Bullish 5-0 harmonic pattern

Bullish 5-0 Pattern suggest a vuy entry on the 50% retracement of the move @25529
We should see new highs coming soon, target should be 30000 and 32000

Also note the 200 moving average , just bounced off that level.

Invalidation level comes in at point C, 22000
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