Updated
JSEMEI - Mediclinic (Looking for entry!)
$JSE:MEI
On the watchlist
Possible scenarios:
1) Price continues to make a new shortterm high and the bull flag target comes into play
2) Bulls succumb to the trendline resistance that is in place and the failed bull flag plays downward towards the 200ma
Will be watching today's close and tomorrow for clues on when to enter a position.
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
On the watchlist
Possible scenarios:
1) Price continues to make a new shortterm high and the bull flag target comes into play
2) Bulls succumb to the trendline resistance that is in place and the failed bull flag plays downward towards the 200ma
Will be watching today's close and tomorrow for clues on when to enter a position.
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Trade active
Short triggered, SL above R77.50Trade closed manually
Trailed out at breakeven after strong trade update...
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.
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.