Unum Reseach: JSE Top 40 Index
This mornings flash note from our Trading Desk Analyst, Lester Davids:
"We've "gapped" higher on today's open, breaching the downward trend line from the all time highs at 55192 (week of 20-Nov-2018)
What I'm looking at is the weekly setup. We currently trade at the highest level since Jan 2018.
If we take it back to June 2017, that could potentially be a bullish flag in the making."
"We've "gapped" higher on today's open, breaching the downward trend line from the all time highs at 55192 (week of 20-Nov-2018)
What I'm looking at is the weekly setup. We currently trade at the highest level since Jan 2018.
If we take it back to June 2017, that could potentially be a bullish flag in the making."
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