Timonrosso

Netcare looking sick at the moment - Target R10.36

Kort
JSE:NTC   NETCARE LIMITED
Inv Cup and Handle has formed on Netcare since November 2023.

It is a high probability nature that the price is likely to drop as the price is below both 20MA and 200MA.

First target is to R10.36.

NOTE: I do acknowledge that there could be a short term W Formation which could cause some chop and even short term upside.

So this is indeed a medium term analysis.

✅ Facebook:
www.facebook.com/groups/matitrader

🌐Website:
www.timonandmati.com

💰FREE Discord:
discord.gg/c8f37kyv35

Twitter:
twitter.com/timonr

Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.