$JSETRU - Truworths: It Was A Fake Breakout
The last analysis on Truworths was on the 20th of January, link below.
The breakout was a fakey and price has crashed back into the consolidation zone and looks to be impulsing to the downside.
The larger price structure is unclear but from 6990 i am counting the crash as a five wave impulse.
A price target to the downside is at the down-sloping support trendline.
The breakout was a fakey and price has crashed back into the consolidation zone and looks to be impulsing to the downside.
The larger price structure is unclear but from 6990 i am counting the crash as a five wave impulse.
A price target to the downside is at the down-sloping support trendline.
