Next resistance level

[HateGauteng]

My internet is sloooow today and I can't get the chart to load. Could someone who trades Absa frequently please tell me where the next resistance level lies?

[warhippo]

Not your internet I think. The website just takes ages to load even with diff. browsers.

[#3]

My first target is around the R129.80 where the peak of the current resistance line is when looking at the ascending triangle formation. As you can see the Technicals are looking positive with ADX approaching crossover +ve, MACD crossover is +ve, and the low of ABSA yesterday was on the 89MA. Target 2 will be a lot higher than target one as a break in the ascending triangle should push up confidence in ABSA

[#4]

My first target is around the R129.80 where the peak of the current resistance line is when looking at the ascending triangle formation. As you can see the Technicals are looking positive with ADX approaching crossover +ve, MACD crossover is +ve, and the low of ABSA yesterday was on the 89MA. Target 2 will be a lot higher than target one as a break in the ascending triangle should push up confidence in ABSA

[HateGauteng]

Thanks!

[HateGauteng]

My thoughts are wether to get out at 129.50 or hang in and wait for the breakout.