Like other Healthcare shares in South Africa we see Netcare reaching close to 2020 lows.
On the higher TF global trend we see a falling wedge as well.
However at 1215 there is a strong resistance.
So I have gone long here targeting the falling resistance line in bold. From there we can reassess.
Note that we need patience into 2021 for this to play out.
Thoughts?
On the higher TF global trend we see a falling wedge as well.
However at 1215 there is a strong resistance.
So I have gone long here targeting the falling resistance line in bold. From there we can reassess.
Note that we need patience into 2021 for this to play out.
Thoughts?