$FSR - FirstRand: At An Interesting Juncture
See link below for previous analysis.
FirstRand has found the 7700-8000cps zone hard to push through.
The two sell-offs at this zone give what can be viewed as a Double Top.
Price has recently been consolidating in a contracting triangle which now looks to be breaking down.
The trend looks bearish and my initial target is 5000cps.
FirstRand has found the 7700-8000cps zone hard to push through.
The two sell-offs at this zone give what can be viewed as a Double Top.
Price has recently been consolidating in a contracting triangle which now looks to be breaking down.
The trend looks bearish and my initial target is 5000cps.
