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AcolyteTrader

TFG back on my watch-list

Long
THE FOSCHINI GROUP LIMITED (JSE:TFG)  
AcolyteTrader Updated   
JSE:TFG   THE FOSCHINI GROUP LIMITED
Support and Resistance Flag
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supportandresistance flagpattern
TFG price has found support at 13300. Price initially pulled back and tested the DEMA200 and has formed a bull flag on the weekly chart. Looking for a close above 13750 to initiate a long position.
Comment:
TFG back at technical support at the 13300 level. Watching this closely for buying action.
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