A descending triangle exists on Netcare.
Within this triangle we have a head & shoulders pattern.
Breakdown of these two patterns could result in prices between R9 - R11. I believe this will be a fall and immediate correction to retest the bottom of the descending triangle, so perhaps there is a short term trade in Netcare, for those with the necessary apitite.
Within this triangle we have a head & shoulders pattern.
Breakdown of these two patterns could result in prices between R9 - R11. I believe this will be a fall and immediate correction to retest the bottom of the descending triangle, so perhaps there is a short term trade in Netcare, for those with the necessary apitite.
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