UPDATE: City Lodge chose a direction and it's a skyscraper!
The last update with City Lodge was the market was moving in a very large Symmetrical Triangle.
It was luck of the dice whether the makret was going to break up or down.
But there were certain signs showing an uptrend was more evident. The support level was making higher lows.
The price did not crash down when it went below 200MA>
And now with the 7>21 and with the Price above the 200MA, it's looking good.
We could easily see the price move from R4.77 to R5.44.
It was luck of the dice whether the makret was going to break up or down.
But there were certain signs showing an uptrend was more evident. The support level was making higher lows.
The price did not crash down when it went below 200MA>
And now with the 7>21 and with the Price above the 200MA, it's looking good.
We could easily see the price move from R4.77 to R5.44.
✅ 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)
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