Innocentmaponde

Another Bear Flag on Brait

Short
JSE:BAT   BRAIT PLC
I previously highlighted a bear flag which was forming on the daily chart, after which we saw the big price drop on January 14.
That January 14 big red candle is now acting as the 'pole' for another bear flag which is/has formed.
At a price of R28 (or better) I'm going 'Short'.

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.