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Timonrosso

STOP LOSS Hit - CML The warning was there

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CORONATION FUND MNGRS LD (JSE:CML)  
Timonrosso  
JSE:CML   CORONATION FUND MNGRS LD
Trend Analysis Chart Patterns Fundamental Analysis CML jsecml jse southafrica
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trendanalysis chartpattern fundamental cml jsecml jse southafrica
The CML broke above the Triple Bottom and just made a massive fakeout and shakeout.
It hit the stop loss as I warned from the last analysis, the previous trend was sideways.
This made the probability medium for a trade.
But this comes with the territory and we need the price to break out into a confirmed trend.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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