Many people like to predict breakouts.
If there is one thing you learn today it's this.
Always WAIT for a strong and confirmed breakout.
There is a reason why the price hasn't breached the neckline (resistance). And that's because the fight is still on between the bulls and the bears.
Now that Glencore has broken down not only has it slanted the Cup and...
Large H&S cine May 2022
This is one of those medium investment trades, that you need to hold for a LONG period of time.
Luckily with CFDs, when you short stocks you gain interest, so it doesn't matter how long you hold.
The longer the better.
Any way, the price broke below
200 >21> 7 - Bearish (Red)
RSI <50 Red
Target remains at R88.70