zeerotrader

TFG - Gloomy Looking!

Short
JSE:TFG   THE FOSCHINI GROUP LIMITED
We may derive the following from the Weekly TFG chart:

1. Price has completed the correction (See linked idea).

2. Some profit can be taken as we are at support.

3. A small bid is most likely to occur at the support (pink line) - however a break of the trend wouldn't surprise me.

4. Keep holding short.

5. As always - maintain your risk.

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

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.