Barloworld short if trendline broken untuk JSE:BAW oleh RossLarter

trendanalysis jse alsi zar southafrica barloworld

BAW is showing downward momentum based on the stochastic, MACD and EMA's that have just crossed. However, it has been trending upwards since the 26th of March and I will wait for a convincing breakout through the upward trendline before considering a short. If this breaks, we could be looking at a move down towards at least the lows formed at the beginning of the upward trend.

Trade directly from TradingView through Velocity Trade. Get started here: suretrading.tradedesk.co/TradingView

For more info about our training and mentorship visit www.suretrading.co.za

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.