$JSESPG - Super Group: Will Rectangle Support Hold?
See link below for previous analysis
SPG stock has traded back to the support zone of the large rectangle pattern that started forming back in September of 2021. Price has been consolidating in the 2400-3700 price range.
Current momentum is still to the downside so it will be interesting to see what price does at this critical lower support zone.
I will sit on my hands for now though my bias is a reversal.
SPG stock has traded back to the support zone of the large rectangle pattern that started forming back in September of 2021. Price has been consolidating in the 2400-3700 price range.
Current momentum is still to the downside so it will be interesting to see what price does at this critical lower support zone.
I will sit on my hands for now though my bias is a reversal.
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