Against the trend. Potential move to 126 day MA?
More strength on the cards. Perhaps the worst is over for the ZAR?
I mean.... Now we wait for another setup.
More of an investment than a trade really, but SSW looks good for a long-term equity entry here.0
If we had to be long something in the equity space, SHP would be that something.
Will only get bullish if we break that down trend.
Second fake break above that resistance level? Back to the support?
Potential bearish break from that previous support/resistance zone could trigger a short.
Bit of 'in the middle of nowhere'. Maybe we see a move back to the support?
We see above R18.44. Maybe we're getting caught up in the panic, but let's see.
Nice long-term entry here for equity investors.
Bottom picking for the win here!
Support broken, next level is 2007 highs.
Just a nice hourly short setup.