So, the "GAP" trade played out in a spectacular fashion with Naspers dropping a whopping 17.50 % and in doing so it created an upside gap which bulls will likely want to close.
R1700 needs to be defended to prevent a further leg down to possibly test swing lows from May 22'
It may take a few sessions to create a decent base to work off so i don't expect a V type reversal
R1700 needs to be defended to prevent a further leg down to possibly test swing lows from May 22'
It may take a few sessions to create a decent base to work off so i don't expect a V type reversal