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KoosKanmar
Aug 19, 2021 8:10 AM

$JSENPN Naspers Some support coming up Short

NASPERS LTD -N-JSE

Description

Weekly chart of Naspers indicates that the 2800 level was an important level and a break of that level means that support could only come up at around the 2000 - 2080 levels. The massive volume that traded over the last week on weakness is also not a very bullish signal, indicating that some institutional money is move away from this one. Chinese regulators are doing shareholder no favours with tech giants like Tencent in the firing line.
Comments
ZA-ANALYST
Like your setup. Might drop even drop to 1850 levels, Please refer below my opinion:
ZA-ANALYST
@responsibleSea48545,
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