Possible bounce off bottom of channnel for JSE:TBS by RossLarter

indicator chartpattern jse tbs tigerbrands alsi zar southafrica

TBS has been trading in a sideways channel since early November last year.
It is currently at the bottom of the channel and seems to be bouncing off.

We are aiming for the resistance level at the top of the channel.

Trade closed: target reached:

Just touched the take profit and triggered it. Great trade

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