Usually a good indication of a reversal at the bottom of a trend is the inverse head and shoulders pattern. I'm looking to buy IF the price pulls back to 17.50 (or very close). I am going a little more aggressive on this one and risking 3% of my portfolio should my SMART strategy clients get entry. I'll be targeting R18.95 with a stop loss at 16.75. robp@unum.co.za
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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.