Get started
Trader-Dan

NEDBANK -- Double Bottom?

Long
NEDBANK GROUP LTD (JSE:NED)  
Trader-Dan  
JSE:NED   NEDBANK GROUP LTD
Support and Resistance Supply and Demand
0
1
supportandresistance supplyanddemand
Price has formed a decent looking double bottom at a key support zone.

We closed above the 20ema daily yesterday so I'll be looking for a continuation today to target
initially R205.50 then R208.50

A daily close below R194 invalidates the idea.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.