Tigerbrands next run up to ATH
Large Tripple Bottom
There are also two Cup and Handles formed in the recent past.
Now that price has broken above both Brim levels it's looking bullish.
RSI> 50 and above the downtrend line.
Target R219.05
CONCERNS
Liquidity is low and it causes spikes in prices.
Such a large formation, can sizzle out the price move and it can continue sideways for the next few months.
We have our 7 week time stop loss so let's go.
There are also two Cup and Handles formed in the recent past.
Now that price has broken above both Brim levels it's looking bullish.
RSI> 50 and above the downtrend line.
Target R219.05
CONCERNS
Liquidity is low and it causes spikes in prices.
Such a large formation, can sizzle out the price move and it can continue sideways for the next few months.
We have our 7 week time stop loss so let's go.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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