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muazcoin
May 2, 2020 11:41 PM

MASSMART HOLDING - MSM Short

Description

This is not a financial advice - Open to criticism and feedback

MSM -MASSMART HOLDING LTD

Current Price R24.68

I'll be honest I looked at all timeframe to try and find something bullish about this chart but all I can see is the price going to R20 at the very least. If you want to play this I suggest placing orders at R19.45 - R18.85 or there about to try and catch the wick (Weekly Block).

Only one thing that you can keep an eye is the RSI which oversold on the Monthly and weekly

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Trade closed manually

I see a strong reversal and have closed my short
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