One of the shares I'm monitoring over the next few days/week:
Recently recommended as a short from R268. See original idea below/attached.
- Trading within an upward channel.
- We'll move slightly lower before potentially breaching line A_B and continuing higher (this break is key to the idea triggering!)
- Consider that there may be an overshoot to the downside of the channel.
- Now R241, I'm looking for a move down to the R234-230 range (provisional accumulation area).
- Stop-loss: R224
- If and when it trades there, I'll publish the idea for clients in real-time.
Recently recommended as a short from R268. See original idea below/attached.
- Trading within an upward channel.
- We'll move slightly lower before potentially breaching line A_B and continuing higher (this break is key to the idea triggering!)
- Consider that there may be an overshoot to the downside of the channel.
- Now R241, I'm looking for a move down to the R234-230 range (provisional accumulation area).
- Stop-loss: R224
- If and when it trades there, I'll publish the idea for clients in real-time.
