Long
JSE All Share Index. Inverted head and shoulders break
The JSE All Share Index today broke a two month old inverted head and shoulders pattern. Upside of 6% to 72700 is possible on the back of this pattern. This target will without a doubt be driven by escalating resource prices. Keep an eye on a break back below the 68000 level for a possible stop loss.
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.