SteynTrade

JSE:INP JSE:INL Investec Waiting for Markup

Long
SteynTrade Mis à jour   
JSE:INP   INVESTEC PLC
Investec has formed a Trading Range (TR) after Preliminary Support (PS), Selling Climax (SC), Automatic Rally (AR) and Secondary Test (ST). There has been low absorption volume in Phase B and we have now seen a spring and test in Phase C. After the test is done we can expect a markup in the TR in Phase D to the top of the TR.
Commentaire:
Price found some resistance at about the midpoint at the Preliminary Support (PS) low. Will be watching for a break of this and move to the top of the Trading Range (TR).
Commentaire:
After finding some resistance there was a concerning decline. However, it was on lower volume and made negative divergence on the Volume RSI. Still looking for a test of the top of the range.

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.