Will place a sell order under the bearish flag. Price is expected to move down to between 141 & 167 levels which is a strong support. 1st Q earnings might assist the move. If the sell order fails I will look for a bullish confirmation.
Looks like the NASDAQ will only find support at the 9743 Level. In the mean time I'll short a bit!
I'm looking to get bullish once priced has passed R17.12 area and support has formed around the R17.12 area
Waiting on a touch of the support zone around 15.66 area to look for a firm turn around to go long.
Given the current economic outlook in South Africa the chart suggest's a massive move towards R18.00 for a $1