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RossLarter

SHOPRITE Descending Triangle

Short
SHOPRITE HOLDINGS LTD (JSE:SHP)  
RossLarter  
JSE:SHP   SHOPRITE HOLDINGS LTD
Chart Patterns Trend Analysis shoprite SHP jse ALSI ZAR southafrica
2
0
chartpattern trendanalysis shoprite shp jse alsi zar southafrica
SHP has broken out of a small descending triangle pattern which is a signal for a short position.

I have entered a short position and am aiming for around the 16000 target level.
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