Since reaching a peak of R5,34 in January 2021, BWN has has been in a correction.
The correction started to lose downside momentum from July 2021 as the MACD started turning up even though price continued to trend downwards.
Price action was also contained in a falling wedge, which is a bullish continuation pattern, and has subsequently broken out of it.
The MACD has recently broken and held above the zero line, further adding to my bullish sentiment.
enter @ market
stop-loss @ R2,36
Take-profit @ R5,34
The correction started to lose downside momentum from July 2021 as the MACD started turning up even though price continued to trend downwards.
Price action was also contained in a falling wedge, which is a bullish continuation pattern, and has subsequently broken out of it.
The MACD has recently broken and held above the zero line, further adding to my bullish sentiment.
enter @ market
stop-loss @ R2,36
Take-profit @ R5,34
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。