runyamhere

Sanlam - Short-Term Bearish View

runyamhere 업데이트됨   
JSE:SLM   SANLAM LIMITED
Looking at the daily chart, we can see Sanlam forming a descending triangle formation which we can expect to break down or put a break higher then make a round trip on the triangle (Around the Apex) move. The RSI is building negative divergence. As emphasized on the notes to the monthly view, one would have taken profit partially for later deployment on the lows.
코멘트:
Sanlam has now presented a failed cycle meaning we will have lower highs and lower lows.
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