UPDATE: Transaction Capital ready to ride to R5.30


Medium Probability Analysis has formed on TCP.

The price is below the 200 and above the 20MA.

But what's important from the last update is the support level has been tried and tested and is strong at R2.30.

Hopefully it is impenetrable and will keep the buying and demand up.

The W Formation has formed, broken up and now we need a strong push from buyers to get this up to the first target at R5.30
Chart PatternsFundamental AnalysisjsesouthafricaTCPtransactioncapitalTrend Analysis

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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