OUTSURANCE GROUP LIMITED
Panjang

TARGET REACHED: Outsurance to R39.10 - Watch out

60
My first target reached at R39.10.

A Cup and Handle formation revealed and broke out on 10 July 2023. It's been a bit of a hold, but the price continued to make higher lows and higher highs.

This is the best case scenario for a long buying trade. The thing is, what's next?

We could get a bit of a retracement here in a consolidation manner. This is where retail traders sell off their profits and other traders start prepping for the next upside.

Once the pattern forms, breaks out - I'll let you know.

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.