Shoprite dipped after the last update, but only a little for wave ((ii)).
Small, shallow pullbacks are a reflection of prevailing market sentiment and the market has been very bullish on Shoprite since 31 May 2023.
The wave count shows the stock is in wave((iii)) and there is no sign of a pullback yet.
Buy the dip for wave ((iv)) but be warned, it could be short-lived too.
Small, shallow pullbacks are a reflection of prevailing market sentiment and the market has been very bullish on Shoprite since 31 May 2023.
The wave count shows the stock is in wave((iii)) and there is no sign of a pullback yet.
Buy the dip for wave ((iv)) but be warned, it could be short-lived too.
Related publications
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.
Related publications
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.