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VillageTraderZA
Nov 1, 2021 12:10 PM

#VIllageTraderZA Inverse head and shoulders Long

DIS-CHEM PHARMACIES LTDJSE

Description

Dischem looking well poised for a breakout. Still having a rather tough time breaking the R32.40 resistance. A break through this level provides an excellent risk reward opportunity. There’s a head and shoulders pattern. Albeit the left shoulder being a bit longer. With a profit target at R36 and a stop loss at R30.50. Assuming a R33 entry level
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