Afrimat has printed an Inverse Head and Shoulders Pattern.
I know the Shoulders are small & Cute!
In this 1 Year Study Analysis I've Switched to a simple line Chart as to easily depict the Pattern.
The Chart Depicts the possible Upsides.
As always get a few Experts Advice before making any Investments or Trade decisions.
Smash that Rocket Boost Button to show your Appreciation for my Analysis Studies.
Prosperous Investing for 2024 to All.
Regards Graham.
I know the Shoulders are small & Cute!
In this 1 Year Study Analysis I've Switched to a simple line Chart as to easily depict the Pattern.
The Chart Depicts the possible Upsides.
As always get a few Experts Advice before making any Investments or Trade decisions.
Smash that Rocket Boost Button to show your Appreciation for my Analysis Studies.
Prosperous Investing for 2024 to All.
Regards Graham.
Note
Sudden Drop in Iron Ore Prices Hurts these Type Miners.Note
This might have Invalidated the Prior Pattern.However if the Price returns to R66 area, then a larger Cup and Handle will be formed.
Note
Cup and Handle now confirmed.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.