This is not a financial advice - Open to criticism and feedback
MSM -MASSMART HOLDING LTD
Current Price R24.68
I'll be honest I looked at all timeframe to try and find something bullish about this chart but all I can see is the price going to R20 at the very least. If you want to play this I suggest placing orders at R19.45 - R18.85 or there about to try and catch the wick (Weekly Block).
Only one thing that you can keep an eye is the RSI which oversold on the Monthly and weekly
Follow me on Twitter (mainly shit posting and few trading tips but mainly meme)
@muazcoin
MSM -MASSMART HOLDING LTD
Current Price R24.68
I'll be honest I looked at all timeframe to try and find something bullish about this chart but all I can see is the price going to R20 at the very least. If you want to play this I suggest placing orders at R19.45 - R18.85 or there about to try and catch the wick (Weekly Block).
Only one thing that you can keep an eye is the RSI which oversold on the Monthly and weekly
Follow me on Twitter (mainly shit posting and few trading tips but mainly meme)
@muazcoin
Trade closed manually:
I see a strong reversal and have closed my short