See link below for previous analysis.
Truworths had a great run from the 4682 low to peak at 8441.
Recent price action is showing toppish signs.
Though it's still premature to call for a head & shoulders pattern, I am seeing potential signs of one therefore I will be monitoring price action with that in mind.
Price has found strong support between 6600 to 6800 and I have marked this zone as the neckline.
Buy dips above 6697 with that same level as the stop-loss price in the short-term.
Truworths had a great run from the 4682 low to peak at 8441.
Recent price action is showing toppish signs.
Though it's still premature to call for a head & shoulders pattern, I am seeing potential signs of one therefore I will be monitoring price action with that in mind.
Price has found strong support between 6600 to 6800 and I have marked this zone as the neckline.
Buy dips above 6697 with that same level as the stop-loss price in the short-term.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.