Get started
RossLarter

SBK - gaining downward momentum

Short
STANDARD BANK GROUP LTD (JSE:SBK)  
RossLarter  
JSE:SBK   STANDARD BANK GROUP LTD
Trend Analysis Trend Lines jse ALSI ZAR southafrica standardbank
3
0
trendanalysis trendline jse alsi zar southafrica standardbank
SBK has broken through an upward trendline that it has been obeying since end of October. Today's price action is showing some strong downward momentum. The stochastic and the MACD have also crossed downwards, confirming the signal for a short position.
Trade directly from TradingView through Velocity Trade. Get started here: suretrading.tradedesk.co/TradingView

For more info about our training and mentorship visit www.suretrading.co.za
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.