$JSENPN - Naspers: Major Resistance Ahead
Naspers has found the going tough since the January 2023 peak, trading sideways in a wide range.
The consolidation has not been a textbook rectangle with supporting shifting zones but the resistance has been stern around 355300 cps.
The stock caught a big at 267330 and is again approaching the resistance for a third attempt to break above it.
I am neutral at this point and will monitor price action and volume at the resistance zone.
The consolidation has not been a textbook rectangle with supporting shifting zones but the resistance has been stern around 355300 cps.
The stock caught a big at 267330 and is again approaching the resistance for a third attempt to break above it.
I am neutral at this point and will monitor price action and volume at the resistance zone.
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