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RossLarter

H&S on Nedbank

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NEDBANK GROUP LTD (JSE:NED)  
RossLarter  
JSE:NED   NEDBANK GROUP LTD
Trend Analysis Chart Patterns Head and Shoulders jse ALSI ZAR southafrica nedbank
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trendanalysis chartpattern headandshoulders jse alsi zar southafrica nedbank
A slightly ascended head and shoulders has formed on NED . If this pattern plays out, we could see a move downwards to the target at around 13000 support area. This coincides with a breakout of the ascending channel that happened on the 9th of November.
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