W Formation formed previously as you saw.
And the signs were all bullish with MAs and RSI
But then there was a consolidation period forming a Diamond Formation, breaking down.
I guess, my bias is in a way changing to down - but I'm not convinced.
Even with the bank collapse, resource crash and crypto exchange debacle - PPC is holding quite solidly.
I will keep my target at R4.29
And the signs were all bullish with MAs and RSI
But then there was a consolidation period forming a Diamond Formation, breaking down.
I guess, my bias is in a way changing to down - but I'm not convinced.
Even with the bank collapse, resource crash and crypto exchange debacle - PPC is holding quite solidly.
I will keep my target at R4.29
✅ 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.