VillageTraderZA

Horizontal bullish flag + Ascending triangle

Long
JSE:MCG   MULTICHOICE GROUP LTD
Multichoice MCG

We have a nice horizontal bullish flag on multichoice The share close on the other side of the resistance (R139.30) of the flag closing on Friday at at R139.87 A great opportunity to add into the bull flag trade I entered in December. For a new entry with a stop around R128. There’s a; sp an ascending triangle pattern. Looks like the long side has some wind at the back.

Read week 2 game plan - https://villagetrader.co.za/2021/01/11/w...

Comments

Thanks for sharing
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter