JSE has been forming a fantastic Cup & Handle since March 2022.
The price broke up and out of the brim level and I want long and bought it.
7>21 (Bullish)
Price >200SMA (Bullish)
RSI >50 (Green back) Bullish
The first target is 83,209
It seems like despite the economic crisis with load shedding, water outages - The rand has gone up a bit since inflation slowed at 7.2%.
Naspers and Prosus are also helping the JSE head on up with the run up on China since the Covid restrictions.
I guess the January Effect is still strong and we should continue seeing upside to come - touch wood.
Trade well, live free...
Timon
The price broke up and out of the brim level and I want long and bought it.
7>21 (Bullish)
Price >200SMA (Bullish)
RSI >50 (Green back) Bullish
The first target is 83,209
It seems like despite the economic crisis with load shedding, water outages - The rand has gone up a bit since inflation slowed at 7.2%.
Naspers and Prosus are also helping the JSE head on up with the run up on China since the Covid restrictions.
I guess the January Effect is still strong and we should continue seeing upside to come - touch wood.
Trade well, live free...
Timon
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.