TradingView
VillageTraderZA
Sep 14, 2021 9:02 AM

Failed symmetrical triangle pattern bullish for coronation Long

CORONATION FUND MNGRS LDJSE

Description

The symmetrical triangle pattern that fail 2/3rds in turns to fail as a continuation breakout. It usual signals a reversal. That happens to be bullish for the Coronation  as the stock holds the 200 day EMA as support. Closing today with a bullish engulfing candle.  Still waiting for a close above R52.55 to add to my position.
More