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SteynTrade
15. Jul. 2021 18:33

JSE:FSR Fistrand Failing at Resistance Short

FIRSTRAND LTDJSE

Beschreibung

A year back - see post below - we looked for push back to R55 - R60. After reaching this area of significant resistance on the weekly timeframe we have now seen a distribution trading range with a typical Wyckoff pattern. Selling pressure is seen in the volume and a change in character significant bar is indicating the start of a markdown to test the covid lows.
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