Just a quick update on Nampak.
Before a Cup and Handle formed, broke above the Rim and since then it's being moving sideways with higher lows.
Now, we have another W Formation with a consolidation pattern completing. So now that the price has broken above, it gives a stronger confirmation of upside to come.
W Formation
Price>20 and 200MA
NEW Target R556,84
Before a Cup and Handle formed, broke above the Rim and since then it's being moving sideways with higher lows.
Now, we have another W Formation with a consolidation pattern completing. So now that the price has broken above, it gives a stronger confirmation of upside to come.
W Formation
Price>20 and 200MA
NEW Target R556,84
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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)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ 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)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.