JSE:NED Nedbank Re-accumulation

By SteynTrade
Updated
Nedbank has been in an upward slanting re-accumulation range over the festive season. With some volume returning we see a continuation of the move to the top of the channel. There is some negative divergence in the Volume RSI and a good momentum bar on Friday.
Comment
Nedbank continuing its slow march higher
jsejsenedSupply and DemandSupport and ResistanceVolume IndicatorVolumewyckoff
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