Spar has formed an Inverse Head and Shoulders Since it hit our Short sell target, it's been forming the pattern. However, as with most markets we are getting a bit of mixed signals. 7>21 <200 (Mixed) RSI >50 Bullish but turning. My target remains to be R160.11 but this is a medium probability trade.
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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