Transaction Capital can go either way but WARNING

This was one where people thought I was crazy for choosing a target so low to R26.46. The day it hit, I was I guess not surprised but saddened because the company has so much potential and strong prospects

Wake up just one day later and it's down to R13.76. This could be a great buy area where it could rally on back. But as a trader, I need more upside potential with strong momentum.

This price could be a rising pennant which could drop down to a new low.

However, if the price breaks up it could very well head back up and close the gap.

I would be careful with this type of trade and so I'll be a spectator for now.