FIRSTRAND LTD
Long

FSR - Breaks out of 42 week triangle

85
Looking at the FirstRand, we may derive the following from the weekly chart:

1. A noticeable technical pattern had been formed over the past 40+ weeks.

2. Price is trading outside of the triangle.

3. Note the weekly candle hasn't closed yet.

4. A solid close above 72 should take us back to the 2018 high.

5. As always - maintain your risk management.

Let's see what happens.

Note: The views provided herein do not constitute financial advice.

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