- Shoprite has been on a super trend since SEP 2020
- Currently price has pulled back below the 50 day moving average which has been a very supportive moving average. This could form part of a distribution phase or possibly be the top of this move. I will be cautious taking any longs at this level.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Currently price has pulled back below the 50 day moving average which has been a very supportive moving average. This could form part of a distribution phase or possibly be the top of this move. I will be cautious taking any longs at this level.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.