Commencez
GROWTHPOINT PROP LTD
Short

JSE:GRT Growthpoint Distribution Complete?

Par SteynTrade
Mis à jour
Growthpoint has been in a trading range since 2013. After a good uptrend, there was a throw over of the upward stride and a climax formed. The volatility to the downside has increased and Signs of Weakness (SoW) can be seen. Now after an Upthrust after Distribution (UTAD) and a test we have now seen a Last Point of Supply (LPSY). Looking for a high volatility breakout to the downside for the markdown to begin.
Note
On the daily TF the latest pullback also has distibutional characteristics.
snapshot
Note
The stock continues to be distributed. with the markdown starting.
snapshot
distributionjsejsegrtSupply and DemandSupport and ResistanceVolume IndicatorVolumewyckoff
SteynTrade
Aussi sur:

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.