BIdcorp Diamond formation ready for a break ups to R526?
We need a Weekly chart as there is too much chop on the daily.
Bidcorp has been moving nowhere slowly since April 2023.
And during this time it's been moving in a Bullish Diamond Formation.
Why it's bullish is because the previous trend and pole was up.
SO we are expecting a sideways move before the break up and out of the pattern.
Next target will be at R526.74
Bidcorp has been moving nowhere slowly since April 2023.
And during this time it's been moving in a Bullish Diamond Formation.
Why it's bullish is because the previous trend and pole was up.
SO we are expecting a sideways move before the break up and out of the pattern.
Next target will be at R526.74
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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