Santam poised for great upside to R334.48!
Not my favourite market to trade due to the high volatile nature.
But the analysis has shown, upside is likely to come.
The price is above both 20/200SMA and it's formed a Cup and Handle pattern.
Conservative traders might wait for the retrace and bounce before getting it.
Aggressive traders would already be in it.
BUt the target for Santam will be around R334.48.
But the analysis has shown, upside is likely to come.
The price is above both 20/200SMA and it's formed a Cup and Handle pattern.
Conservative traders might wait for the retrace and bounce before getting it.
Aggressive traders would already be in it.
BUt the target for Santam will be around R334.48.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
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𝕏 (Formerly Twitter):
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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