Looking at the Monthly chart we see price testing the lower bounds of the trend line at the 20500 level. If we zoom into the weekly chart a bullish wedge price pattern is forming. If we zoom in yet again into the daily chart price has just closed above the EMA200. This is a decent spot to take a long position with an R/R. Always manage your risk. https://acolytetrader.co.za/jseimp-possible-long-opps/
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.