Shooting Star on Prosus
PRX has been trading in somewhat of a channel since April 2020. Two day's a go it broke out of the channel and looked like it would continue up, but instead formed a shooting star pattern. Yesterday and today are showing strong downward momentum. We could see a move towards the bottom of the channel or to the support level at around 150000.
Trade directly from TradingView through Velocity Trade. Get started here: suretrading.tradedesk.co/TradingView
For more info about our training and mentorship visit suretrading.co.za
For more info about our training and mentorship visit suretrading.co.za
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.