Box Formation formed on MTN and the Prev. trend up We need the price to break either ABOVE or BELOW the formation before I make any decisions. The funny thing about MTN is how consistent the sideways moves have been for decades. It has a personality of its own and is only something you pick up after being in the markets for a few decades. Anyway, I like to...
The JSE ALSI looks like it has completed its retracement and is now ready for the leg upwards. The three signals below are showing the the index is oversold. The next move should break the 70 000 -71 000 mark. That's an upside of 7.3% - 8.6% if everything goes according to the chart and trading signals. Lets wait and see :) Please like and follow for daily...
Descending triangle, its a bit confusing with the first break through the top of the trend line however it proves promising as its broken further through the support line