Get started
Trader-Dan

Transaction Capital - Ominous H&S forming

TRANSACTION CAPITAL LTD (JSE:TCP)  
Trader-Dan  
JSE:TCP   TRANSACTION CAPITAL LTD
Support and Resistance Trend Lines Head and Shoulders
4
0
supportandresistance trendline headandshoulders
- TCP had the relief leg as explained on the previous post (link below) and has since started pulling back again

- An ominous head& shoulders pattern is forming , a break above R41 would invalidate .

- I will be watching the support area / neckline if price gets there.

-- MANAGE YOUR RISK - -

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


Related Ideas

Trader-Dan
TRANSACTION CAPITAL - Broadening Formation
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.