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Remgro - Downward parallel channel
看空
REMGRO LTD
(
JSE:REM
)
RossLarter
JSE:REM
REMGRO LTD
Trend Analysis
Parallel Channel
Support and Resistance
9
0
trendanalysis
parallelchannel
supportandresistance
REM
has formed a definite downward parallel channel from as far back as 31 Jan 2019.
It has been bouncing off the top and bottom regularly since then.
Once again, it has recently bounced off the top of the channel and is looking good for a short as it heads for the bottom again.
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