Inv Rev Cup and Handle on Absa target to R127.02

Inv Rev Cup and Handle formed on the daily chart.

Absa has been coming down on a strong trajectory, despite the upside in the US.

Technically, we have a strong likelihood that the price will continue down.

Price< 20 and <200

Target R127.02
absaabsabankALSIChart PatternsFundamental AnalysisjsesouthafricaTrend Analysis

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Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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