dawievdwest

$JSENPN #Naspers Double Top(s)

JSE:NPN   NASPERS LTD -N-
$JSENPN #Naspers seems to be busy with a double top on the Daily chart with tops on 27 Jan '23 at R3539-54 and the second one on 1 Aug '23 at R3547-94. I suppose this is about as good as one can hope for, seeing that the two tops cover a stretch of 7 months. We see the middle point down at R2976-87 on 1 May '23, with the price currently almost closer to that than to the last top.
However, this possible double top pales into significance when one looks at a possible double top on the Monthly chart, with the two tops of March '21 and July '23 on R3531-71 and R3514-13 respectively. How is that for "very close to each other" over a period of 28 months? I am going to leave it to the reader to look up the middle point down lower of this one if you are really interested.
For now, the trouble will start getting confirmed in my book once the price falls below the middle point of R2976-87 on the Daily chart. With the targets TheDawieSetup has in mind, I am keeping a close watch in this one.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.