Panjang
Flash note: PSG Group
Flash note on PSG from our Unum Trading Desk analyst, Lester Davids.
"Around current levels, PSG is showing a technical willingness to break above the resistance level of R235, which is just below the 200-day moving average. The price has started to make higher lows and is trading above the 21 and 50-day moving average, both of which are pointing higher. With the 200dma at resistance, it is possible for the price to re-test the upward trend line before regaining the 200dma."
For more information contact the Unum Trading Desk on +27 (0)11 384 292, tradingdesk@unum.co.za or our real-time chat t.me/joinchat/EF0s1hGYwYDo93elCLfGNw
"Around current levels, PSG is showing a technical willingness to break above the resistance level of R235, which is just below the 200-day moving average. The price has started to make higher lows and is trading above the 21 and 50-day moving average, both of which are pointing higher. With the 200dma at resistance, it is possible for the price to re-test the upward trend line before regaining the 200dma."
For more information contact the Unum Trading Desk on +27 (0)11 384 292, tradingdesk@unum.co.za or our real-time chat t.me/joinchat/EF0s1hGYwYDo93elCLfGNw
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.
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.