Client report (initial thoughts and ideas) for the week commencing 11 October has been published.
Nedbank (NED, 16821c) | 50-Day EMA being lost. Trend line support extending back to the March 2020 lows at risk where it's highly probable that it's breached. RSI at 41 (bearish momentum).
Edit: Not a day or short term, but rather a medium term view.
Full report available via our trading desk. For more insights and trade ideas, get in touch today.
Nedbank (NED, 16821c) | 50-Day EMA being lost. Trend line support extending back to the March 2020 lows at risk where it's highly probable that it's breached. RSI at 41 (bearish momentum).
Edit: Not a day or short term, but rather a medium term view.
Full report available via our trading desk. For more insights and trade ideas, get in touch today.
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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.