TradingView
RossLarter
Dec 14, 2021 7:13 AM

FSR Potential Short coming soon Short

FIRSTRAND LTDJSE

Description

JSE:FSR broke through a support trend line late November which it has since tested again and it seems to have become a resistance level. If it continues downwards and the MACD crosses downwards as well, I think we could see a short move down towards the 5200 price area. I will wait for confirmation before entering.
Comments
Thinus5422
Thank you for analysis. Be careful for now. Market downside looks more likely than upside.
More