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Timonrosso
Feb 17, 2023 9:15 AM

Pick n Pay big bearish formation with a runaway gap to R38.42 Short

PICK N PAY STORES LTDJSE

Description

Bearish box has formed over the last couple of months with Pick N Pay.
The price broke below the support and made a runaway gap.
This is a gap that runs in the direction and accelerates down the trend.
This is very bearish for the stock
200 >21>7
RSI<30
Target R38.42

Comments
leondb
You called it. Wondering if your target at around R10-R11 will be hit. Thanks!
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