Timonrosso

TRADE UPDATE: Growthpoint on the way to its target R11.88

Short
JSE:GRT   GROWTHPOINT PROP LTD
What was a low probability trade has turned into an extremely high probability trade.
The H&S broke below the neckline.
We then had all other signals kick in bearish.
21>7 - Bearish
Price < 200 - Bullish
RSI<50 - Bearish
Target can easily be R11.88


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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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