We are still in the Box range.
This isn't a great trading environment to buy and sell.
So we need to wait for the price break out of this box formation.
Looks like the Sell in May and Go Away might apply this year, if we get the break below the box.
I am kind of leaning towards the Bearish bias that the price will break below as many JSE stocks are lining up strong selling chart patterns setups.
We just need the JSE ALSI to confirm.
This isn't a great trading environment to buy and sell.
So we need to wait for the price break out of this box formation.
Looks like the Sell in May and Go Away might apply this year, if we get the break below the box.
I am kind of leaning towards the Bearish bias that the price will break below as many JSE stocks are lining up strong selling chart patterns setups.
We just need the JSE ALSI to confirm.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.