I am looking for buy opportunities on this pair as the 5 impulsive waves down have completes, I do not trade wave B so I wait for a n entry from a buy limit order@277742 OR a buy stop @295501 TO tp@326535. This is confirmed by the trendline broken out and also a possible King's Crown
Currently we have a failed breakout in play of the October balance below 2920. We could revisit the 2 High Volume areas of the balance at 2723 and 2573. This Is my primary scenario A. Alternatively, scenario B, NPN stabilizes above 2920 level for a shot higher back to 3000 and above. Levels in RED are intra-day levels to watch.
Established in South Africa in 1915, Naspers Limited is a media, internet and entertainment powerhouse with a footprint in more than 130 countries, and is one of the largest technology investors in the world today. The group’s principal operations are in e-commerce, video entertainment, print and online media.
Naspers shares have continuously been one of the JSE...
JSE:NPN
Broke bellow support around 285000. Flat bottom triangle is in place. Target 160000/170000
I'm afraid that golden time for $JSENPN are behind us.
