W Formation on AfroCentric was strong. Broke above the neckline but the overall volatility was very jumpy. Hence, the stop loss would be right below the entire formation to make for the chop. 7>21>200 RSI>50 Bullish Target remains at R5.93
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.