runyamhere

ABSA Bank Potential Reversal

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JSE:ABG   ABSA GROUP LIMITED
ABG is late in its cycle and is due for a weekly low. The share is up against resistance formed from the top formed on 22 November 2022 & just above is horizontal resistance formed around all-time high levels. The expectation is for the symmetrical triangle to break to the downside with short-term profit target 10-13%.
評論:
ABG led with a false break to the upside, price action showing trapped bulls.
交易結束:目標達成

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