JSE:NED is showing signs of a possible reversal.
A few days ago a bearish harami formed at a very strong resistance level which at the same time formed a double top.
Planning on entering a short position if it trades a bit lower.
Nedbank Group is one of SA’s four largest banking groups by assets and deposits, with Nedbank Ltd. being its principal banking subsidiary. Nedbank Group is a JSE Top 40 company with its ordinary shares listed on the JSE since 1969 and on the Namibian Stock Exchange since 2007. The group's market capitalisation was R128 billion at 31 December 2017. Old Mutual plc...