Inv Head and Shoulders for Oceana with an upside to R76.00
I call this a Quazimodo INV H and S> it's because it's an unattractive pattern which isn't the greatest setup for traders when it comes to probabilities.
It's been in a sideways movement since 2 December 2021 fluctuating between a range.
Moving averages look good though 7>21>200 and RSI above 50 and making higher lows.
The first target is R76.00
It's been in a sideways movement since 2 December 2021 fluctuating between a range.
Moving averages look good though 7>21>200 and RSI above 50 and making higher lows.
The first target is R76.00
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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)
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