The stock has pulled back to an area of interest after reaching a swing high of R164. (200ema)
The R151 - R147.50 is also the fib retrace zone for the last major leg up. I will be watching for a confirmation to go long here.
Note: Earnings coming up in March
The R151 - R147.50 is also the fib retrace zone for the last major leg up. I will be watching for a confirmation to go long here.
Note: Earnings coming up in March
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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.