Seems that pennant broke the other way... could be a short down to the blue trend line from here..? That is very much against the trend though and is probably too high a risk trade to consider. Perhaps waiting for a bullish reversal around that blue trend line to get long is a better course of action?
This R14.50 level is pretty important. It looks like its providing solid resistance. A reversal here could lead to a local equity market rally... it it comes. Still no trade signal here, but something to keep an eye on.
