Naspers has been trading sideways since the 27 Jan 2023 peak at 358266.
The overall trend from March 2022 is still bullish so my bias is this is a consolidation pattern for upside continuation.
A good buying level however is at the bottom of the pattern around 292306.
Until price shows its true direction, ideally with a strong breakout on high volume, i will sit on my hands.
The overall trend from March 2022 is still bullish so my bias is this is a consolidation pattern for upside continuation.
A good buying level however is at the bottom of the pattern around 292306.
Until price shows its true direction, ideally with a strong breakout on high volume, i will sit on my hands.
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