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Russ
Super Contributor
Oversold on daily and weekly charts yet still dropping. Any thoughts on when it might turn?
6 REPLIES 6
Preston
Super Contributor
Russ, Do not touch for now. At R295, you can start to nibble.
Russ
Super Contributor
The low on 19 May is at 300.92. Maybe that will act as support.
Preston
Super Contributor
@Russ, quiet possible.
Russ
Super Contributor
Well, at least now we will find out.
Preston
Super Contributor
@Russ, Hopefully you are right.
Russ
Super Contributor
Thanks, the trend in the last 8 weeks has been down. I am hoping if it can break out of that falling wedge it might at least give a relief rally, being oversold etc.