Looking at Bidvest, we may derive the following from the weekly chart:
1. Price has been on a decline.
2. The recent trend break most likely caused last week's major sell off.
3. We may therefore test the next support level, after which a break should take the price lower to 173.
4. As always - maintain your risk management.
Let's see what happens.
Note: The views provided herein do not constitute financial advice.
1. Price has been on a decline.
2. The recent trend break most likely caused last week's major sell off.
3. We may therefore test the next support level, after which a break should take the price lower to 173.
4. As always - maintain your risk management.
Let's see what happens.
Note: The views provided herein do not constitute financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.