TARGET REACHED: SHoprite at R257.66 thanks to Head and SHoulder

Target reached R257.66 from the Inverse Head and Shoulders we pin pointed in July.

The price broke above the neckline and out of the medium downtrend.

We followed the textbook way, and the price shot to the target at R257.66.

It can continue higher. Or it can consolidate.

But either way, we need to wait for the next setup.