W Formation clearly formed on the daily.
We had a false breakout to the upside, but then price went right back into the W.
7>21 Price<200
RSI>50
Target R2.95
WARNING
There are three problems.
1. The JSE ALSI 40 is still within the downside of the symmetrical triangle as it had a fald breakout. This has sent shorting vibes.
2. The penny stock is highly...