Price has been in a descending channel and the 200-day SMA has been acting as a dynamic support and resistance level.
Direction: Sell
Target: R15.34
Stop loss: R17.66
Risk/Reward: 2
Traders/Investors should always make their own analysis, the idea posted is just a guideline. Risk management is always your number one priority.
Direction: Sell
Target: R15.34
Stop loss: R17.66
Risk/Reward: 2
Traders/Investors should always make their own analysis, the idea posted is just a guideline. Risk management is always your number one priority.