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MarcoOlevano

$JSENPN $JSEPRX Its raining Head & Shoulders in Naspers & Prosus

Short
NASPERS LTD -N- (JSE:NPN)  
MarcoOlevano  
JSE:NPN   NASPERS LTD -N-
Chart Patterns NPN naspers PRX prosus tencent
9
0
chartpattern npn naspers prx prosus tencent
We are developing a scary head and shoulders top formation in both Naspers and Prosus. Should we convincingly break below the necklines of the respective charts at approximately R2376 and R1050 respectively, we have downside targets some 18.6% and 13.6% away from current levels on Naspers and Prosus. (Price targets if H&S formation plays out, NPN : R2014, PRX: R927)

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