Shoprite breakout of Reverse C&H target R254.00

By Timonrosso
Reverse Cup and Handle formed on Shoprite.
Strong buying led to a high inclined formation, showing demand is stronger than supply.
Other indicators confirm upside.
7>21
Price >200
RSI>50
Target R254.00
ALSIChart PatternsFundamental AnalysisjseretailersshopriteshopritegroupsouthafricaTrend Analysis
Timonrosso
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Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)

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