JSE:TSG   TSOGO SUN LIMITED
Last Close (TSG, 593c) | TSG is developing another setup, this time trading just below the overhead resistance level of a base that has developed over an 11-month period. Having cleared the mid-point of it's weekly linear regression 2 standard deviation, the price action is positive, with a print and weekly close above 619c being the trigger for further upside. Also acting as a positive signal is the weekly RSI trading at 61, which is considered 'strong'. Provisional Levels: BUY TSG on a weekly close above 619c. Stop-loss: 566c. Targets: 780c and 900c. Chart Time Frame: Weekly
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.