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Absa Bank Group retracement since the rally

Short
ABSA GROUP LIMITED (JSE:ABG)  
Timonrosso  
JSE:ABG   ABSA GROUP LIMITED
Trend Analysis Chart Patterns Fundamental Analysis absa absagroup southafrica banking finances jse ALSI
2
0
trendanalysis chartpattern fundamental absa absagroup southafrica banking finances jse alsi
Head and Shoulders has formed on Absa Bank Group
It looks like after the rally, the price wants to come down a bit and retest some of the lows.
As the JSE is in a turbulent stage, anything can happen.
200>21>7
RSI<50
Target R155.68
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Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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