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ALSITRADER

$JSE-SBK

STANDARD BANK GROUP LTD (JSE:SBK)  
ALSITRADER Updated   
JSE:SBK   STANDARD BANK GROUP LTD
Chart Patterns Double Top or Bottom jse_top40 jse jsesbk
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chartpattern doubletoporbottom jse_top40 jse jsesbk
SBK

Made double top around 19700.

Currently testing bottom of the up trending channel started in October 2018. If it breaks bellow next target is neckline for double top around 18200

If that neckline is broken target will be around 16700. Around November/December low.

Above 19700 and bulls are fully in control.
Comment:
$JSE-SBK weekly chart looks as nice bear flag

snapshot
Trade active:
$JSE-SBK testing bottom of the range

snapshot
Trade active:
Triggering double top

Target around 16800

snapshot
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