JSE:PRX formed a bearish harami on Thursday last week which is a top reversal signal.
This was confirmed by the break through the upward trendline and the stochastic.
This could mean a move downward for a while if confirmed by breaking below the low of last Wednesday.
- Interesting break of the down trend
- I would like to see price come back and test this downtrend then continue up to enter a long
JSE:PRX
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Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Equities | PRX Prosus 992.47
- is attempting a recovering. System signaling RSI (Daily) attempting to cross above the 30 level
- Bullish divergence as per RSI
- Candle structure sees long tail/shadow being developed today
