Descending Triangle has formed on Adcorp...
We are seeing the price constrict between the apex as it's been forming lower highs.
200 > 21 > 7 - Bearish
Target R2.00 then R1.64
We do need to wait for a break down though... If it breaks up then things will look more rosy for the share
We are seeing the price constrict between the apex as it's been forming lower highs.
200 > 21 > 7 - Bearish
Target R2.00 then R1.64
We do need to wait for a break down though... If it breaks up then things will look more rosy for the share
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)