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RossLarter
Nov 9, 2018 8:33 AM

BID Corporation with possible trend reversal Short

BID CORPORATION LTDJSE

Description

JSE:BID formed a bearish engulfing candle formation yesterday which broke through the upward trendline.
This could possibly mean a trend reversal if it continues downwards. Look for a possible short position soon. Target would be in the support area a little further down.

Trade closed: target reached

Closed on 30 Nov with a great profit
Comments
ALSITRADER
JSEBID finally starting to move.

Was very long but hopefully should be profitable
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