SteynTrade

JSE:SPG Super Group the Markdown has Started

Short
JSE:SPG   SUPER GROUP LTD
Super Group has undergone distribution since 2016. After a backup to a Last Point of Supply (LPSY) and the 200 Week MA the markdown is starting. There is divergence with the volume RSI and it seems that there is more downside to come.

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.