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surecanweight

SHP close above resistance Flat top triangle

Short
SHOPRITE HOLDINGS LTD (JSE:SHP)  
surecanweight Updated   
JSE:SHP   SHOPRITE HOLDINGS LTD
Support and Resistance Trend Lines
5
2
supportandresistance trendline
SHP has closed above the assending triangle resistance
however the RSI is in overbought territory
could be a false breakout by SHP
i will see what today has in store
expecting a pull back or consolidation
Comment:
SHP the RSI has made a double Top
and as per above i indicated a possible bounce
a downturn has occurred
will wait for closure below Resistance today
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