zeerotrader

SANLAM - Potential Downside

JSE:SLM   SANLAM LIMITED
Looking at Sanlam, we may derive the following from the weekly chart:

1. Price sold sharply, as at the current weekly candle.

2. Price generally sells off at the 80-82 zone.

3. It is appearing more and more likely that price will continue lower.

4. Pay attention to the blue trend line.

5. As always - maintain your risk management.

Let's see what happens.

Note: The views provided herein do not constitute financial advice.

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.