Coronation looks to be in a bearish consolidation on the daily.
A break of the R44 support area could expose its most recent lows around R39.
A bounce towards the upper channel cannot be ruled out though; but I’m favoring the bears here.
A break of the R44 support area could expose its most recent lows around R39.
A bounce towards the upper channel cannot be ruled out though; but I’m favoring the bears here.
Comment:
Bearish consolidation it was; still expecting more downside