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chsmit
Feb 3, 2022 6:36 AM

SPAR - MAJOR DOWNSIDE RISK 

THE SPAR GROUP LTDJSE

Description

#SPAR shareprice is showing great weakness:

Consolidation range
SPAR is currently trading within a multi year consolidation range (between white trend lines). However it is trading near the bottom end of this range, already showing some weakness.

Head & Shoulders
The purple line indicates the multi-year pattarn's neckline. If it breaks to the downside, this could spell disaster.
Comments
JonathanOtero7f
Trading update to come out on the 16th of Feb. That's your catalyst for the next move
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