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RossLarter

BIDVEST Descending Resistance Breakout & Confirmation

Long
BIDVEST LTD (JSE:BVT)  
RossLarter Updated   
JSE:BVT   BIDVEST LTD
Support and Resistance Fractal Trend Lines bidvest southafrica jse ALSI ZAR BVT
2
0
supportandresistance fractal trendline bidvest southafrica jse alsi zar bvt
BVT has broken through the descending resistance and has confirmed the breakout.
We can expect a move towards the resistance level around the 21000 level.

For the cautious trader, you can wait for it to break through the fractal or for the more aggressive trader, you could enter immediately.
Trade active:
Looking good this morning to continue with the strong upward momentum
Trade closed: target reached
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