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Timonrosso

Shoprite breakout of Reverse C&H target R254.00

Long
SHOPRITE HOLDINGS LTD (JSE:SHP)  
Timonrosso  
JSE:SHP   SHOPRITE HOLDINGS LTD
Trend Analysis Chart Patterns Fundamental Analysis shoprite shopritegroup jse ALSI southafrica retailers
1
0
trendanalysis chartpattern fundamental shoprite shopritegroup jse alsi southafrica retailers
Reverse Cup and Handle formed on Shoprite.
Strong buying led to a high inclined formation, showing demand is stronger than supply.
Other indicators confirm upside.
7>21
Price >200
RSI>50
Target R254.00
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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