Empiece
RossLarter

Remgro - Downward parallel channel

Corto
REMGRO LTD (JSE:REM)  
RossLarter  
JSE:REM   REMGRO LTD
Trend Analysis Parallel Channel Support and Resistance
9
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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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