Long
Possible long on PSG
JSE:PSG has broken out of the sideways trend that it has been trading in for quite a couple of months. It has formed two higher lows in a row and has broken through the long term resistance and bounced off of it as support.
If the price moves above the last high I will enter a long postion.
If the price moves above the last high I will enter a long postion.
Trade active
We entered the long on Friday last week. It has retrtaced slightly, but still looks promising
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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.