JSE:TCP Transaction Capital Repeating Pattern
Updated
Transaction Capital has been in a steady uptrend with reaccumulation range stepping stones. With each reaccumulation, a similar price and volume pattern was followed, with a spring and test on increased volume. We are now at that junction again and a markup can be expected. The next markup can be expected to be smaller than the previous markups as there is declining volume (effort) and the bounce of the distance between Yearly Pivot Point is narrowing as price advances.
Comment
Still grinding higherComment
The move is gaining some momentum.
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