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$JSECSB - Cashbuild: Still Dipping, But Now Wedging
CASHBUILD LTD
Short
$JSECSB - Cashbuild: Still Dipping, But Now Wedging
By Loyiso_BlaqueSoros_Mpeta
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Oct 17, 2023
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Oct 17, 2023
See link below for previous analysis
Little has changed from a fundamental perspective and the share price has continued to trend lower.
Price is now trending in a falling wedge pattern which can be viewed as bullish once price breaks out of the wedge, ideally on high volume.
What is key for the five wave advance from 7000 to 34599 to remain valid is for price to hold above 7000.
I will maintain a bearish stance until I see clear reversal signals.
Chart Patterns
Trend Analysis
Wave Analysis
Loyiso_BlaqueSoros_Mpeta
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$JSECSB - Cashbuild Ltd: How Much Lower Can The Stock Go?
by Loyiso_BlaqueSoros_Mpeta
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