Timonrosso

UPDATE: Naspers in the money - Short Target R2,766

Short
JSE:NPN   NASPERS LTD -N-
We had a confirmation break with Naspers Inv Cup and Handle.
The price broke to the downside and now it shows strong falling to come.
7=21 price>200 - Reversal
RSI <50 - Bearish
Target R2,766.00

This coincides with the fall in JSE and other markets since the SVB collapse. I expect more Blue Chip stocks to tank until the world enters some type of equilibrium and solace.


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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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