TONGAAT HULETT - Ascending Triangle
Techinal analysis:
- We have reached close to the end of the Ascending triangle continuation pattern.
- Support 583
- I Identified an upward trend the last 54 bars, with 4 higher lows (Marked with stars) which may indicate that there is good market sentiment.
- 10 EMA and 50 EMA closing in on each other, waiting for confirmation of breakout.
Fundamentals:
- Cautionary announcement was withdrawn
- Debt reduced by 42% (March 2021)
- Interim results are expected in December 2021
- We have reached close to the end of the Ascending triangle continuation pattern.
- Support 583
- I Identified an upward trend the last 54 bars, with 4 higher lows (Marked with stars) which may indicate that there is good market sentiment.
- 10 EMA and 50 EMA closing in on each other, waiting for confirmation of breakout.
Fundamentals:
- Cautionary announcement was withdrawn
- Debt reduced by 42% (March 2021)
- Interim results are expected in December 2021
Publications connexes
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Publications connexes
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.