Tiger Brands: Here's How Short Term Traders Can Approach It
- Lester Davids
- Oct 1, 2024
- 1 min read
Tuesday, 01 October 2024
Time Published: Pre-Market
Ticker: TBS
The upside target at R242 was reached from the initial pivot of R198.50.
Now a rising wedge formation (generally bearish) has broken to the down.
Also a breach of the 8, 21-EMA.
The provisional next best re-accumulation level is the potential overshoot of the 75-day and 21-week EMA.
For now, we want to sell rallied back into the 8-day EMA.
Previous Post: Tuesday, 27 August 2024
Pre-Market
Bank/Take Profit
Yesterday's high = 24995c
Lester Davids
Analyst: Unum Capital
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