The up movement didn't play out as expected yesterday, It was a ***** day for TKG yesterday (and our markets) with that bear channel down but it touched supports and formed a flag on the intraday. Should continue to the upside if it breaks out, I dropped my target a bit now to 6000 based on th flag pattern.
Hi Snap, your analysis is so spot on, iam beginning to be a believer in technical analysis, i have attended the technical analysis course with STD bank, but am still in the dark. Can you recommend a book i could read on all technical analysis methods. Do you use the STD trading charts to do this analysis or you bought expensive charting SW. Pls help so i could also contribute to share forum on giving some analysis, and understanding your analysis too, otherwise it sounds like greek to me, when i hear terms like flags. Thanks Snap