sebastianp
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0Joined Dec 8, 2017
indicator
naspers
technicalanalysis
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Inverted H&S still in play on the daily timeframe. Channel updated following yesterday's invalidation of previous channel. Parabolic SAR and moving average still supportive of a further upward move. ADX to confirm. Could see a retrace back to 3400 level before upward move.
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Naspers trading in an updward channel heading towards the top of an inverted triangle. ADX, sequential SAR supportive of a bullish move.
7
A break-out above the inverted head shoulder neck line by year end, could see NPN reach new ATH in the early part of 2020.
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