SHOPRITE HOLDINGS LTDUpdated SHP - Possible Bulls Breakout above R177
SHP had a bear trend since Mar 2018.... started moving sideways Jan 2019 to current.
Possible new Support at R166. (Not tested and confirmed yet)
Stong Resistance at R177
Breakout above R177 - R178 and tested may be a bulls breakout indication.
Target 1 - R190
Target 2 - R196
Target 3 - R206
This is just a possible scenario. Any other suggestion will be appreciated
Possible new Support at R166. (Not tested and confirmed yet)
Stong Resistance at R177
Breakout above R177 - R178 and tested may be a bulls breakout indication.
Target 1 - R190
Target 2 - R196
Target 3 - R206
This is just a possible scenario. Any other suggestion will be appreciated
Note
SHP could just not break Resistance at R178.Hope R166 will be support -LOL - otherwise it is going to be R152.
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.
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.