TBS did finally manage to break out of that consolidation pattern and now the question is, does it hold or break back into the box??. The play here would be to buy a bounce off of R218.00 for a target of around 235.00. Otherwise, short a break and close below 218.00 for a move back towards R205.00
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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.