$JSEANG Slipping Another Line?
I have pointed out a smaller Head & Shoulders in a report on 24 May 2023 already, when the price was at about R460-00. Was that formation just the tip of the ice berg? Though the price has not convincingly broke below the perceived neckline of a bigger Head & Shoulders pattern yet, this could get very ugly for this counter if this pattern gets confirmed indeed, and then plays out according to the theory of the pattern.
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