Innocentmaponde
Short

Standard Bank: Wedge pattern breaking

JSE:SBK   STANDARD BANK GROUP LTD
Rising wedge pattern on the Weekly chart.
Last week we got a break to the downside of the wedge pattern, with the week's candle closing below the wedge pattern.
This week we look set to close below that level again.
*I'm short at R189, targeting a price below R175.
Comment: TP target of R175 reached.
You gotta love technical analysis!
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