Loyiso_BlaqueSoros_Mpeta

$JSEABG - ABSA: Scratch The Head & Shoulders?

Long
JSE:ABG   ABSA GROUP LIMITED
See link below for previous analysis.

Bulls have come in aggressively at 13683 cps and price looks impulsive, currently in the third wave.
Price did not sell-off with momentum below the neckline so there is a high probability that the head & shoulders pattern I previously forecasted has been invalidated.

My bias has turned bullish short-term as momentum is strong to the upside so buy the dips is the strategy.

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