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KatlehoThaba
Oct 19, 2022 6:03 AM

Triangle In Formation Long

FIRSTRAND LTDJSE

Description

The stock is in what seems to be a triangle, we have leg "d" and "e" to complete before we can take any action. A triangle is a Corrective pattern of which a prior trend continues after it's done forming. At the time when interest rates are rising rampantly, banks are one of those who will benefit.
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