RobbyP

Firstrand: Overcooked & overdone

Corto
RobbyP Actualizado   
JSE:FSR   FIRSTRAND LTD
It's me and the banks again... FSR has been extremely strong and has stayed in overbought territory for an over extended period now. Momentum is waning and I think a decent dip is on the cards. Something has to give...We are starting to see price congestion with little to no impetus at these levels. I'm willing to wager that she bumps her head here at the 50 day moving average and I will not be surprised at all to see a drop back down to 60.50...
Operación cerrada manualmente:
I have taken early Profit ahead of the weekend....This trade took a while, but we got there in the end.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.