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Loyiso_BlaqueSoros_Mpeta
Feb 23, 2024 3:18 PM

$JSEGND - Grindrod: Ending Diagonal Outlook 

GRINDROD LTDJSE

Description

See link below for previous analysis.

I am updating wave 5 to an ending diagonal aka rising wedge.
Price can still make new highs but MACD/price divergence is a clear sign that upward momentum is waning.

I am still bullish to neutral as I am forecasting two more waves to complete the ending diagonal.
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