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Trader-Dan

JSETCP - Resistance Zone

TRANSACTION CAPITAL LTD (JSE:TCP)  
Trader-Dan  
JSE:TCP   TRANSACTION CAPITAL LTD
Support and Resistance Pivot Points
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supportandresistance pivotpoints
- Transaction Capital has made a powerful move off the swing low to a recent high (28%)

- Currently at a resistance zone with overbought oscillators

- This may lead to a pullback towards the upsloping moving averages while the bulls catch their breath.

- A break above R50 could open R54 as a target

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.
-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Disclaimer

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