Friday 8 May 2020

ALSI Swix, JN43

The bounce arrived at the 1.62 extension but is seemingly reluctant to let some of the hot air out. Should it continue to huff and puff then the next significant resistance is at the 61.8% retrace. Such levitation can be from further Rand weakening. Much is overpriced whilst fear of the unknown got turfed a while back and expectations are floating on cloud 9.



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