Naspers has had a news release today which the market has clearly viewed very favorable.
Currently up 22.5% for the day and above the downtrending 200 day moving average/
Hopefully this is a solid reversal for this stock which has succumbed to the recent Tech wreck .
Minor resistance at R2360 / Major at R2650
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
If you would like me to have a look at any chart, direct message and i will post my thoughts, Happy Trading!
Currently up 22.5% for the day and above the downtrending 200 day moving average/
Hopefully this is a solid reversal for this stock which has succumbed to the recent Tech wreck .
Minor resistance at R2360 / Major at R2650
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
If you would like me to have a look at any chart, direct message and i will post my thoughts, Happy Trading!
