SteynTrade

JSE:TBS Tiger Brands Building a New Cause

JSE:TBS   TIGER BRANDS LTD
We have been following the stepping stone markdown of Tiger Brands (see posts below). After a selling climax (SC) and automatic rally (AR) back to the previous redistribution range, we can now again expect a trading range. Price is set to build a new cause bound by the SC and AR extremes. Will watch this range to determine if it is further redistribution or accumulation.

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