Trader-Dan

SHOPRITE - Area of Interest

JSE:SHP   SHOPRITE HOLDINGS LTD
Shoprite has been weighed down together with many other retailers due to the ongoing electricity load shedding.

Price has returned to an area of previous support so will be important to see how it reacts in the R205-R210 zone.

Dare i say it but there is an ominous head and shoulders pattern above ...

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.