Update: Absa Group ABG - 15752c. Negative price action as it looks to be building a topping structure with the incline support going back to the March 2020 lows at risk. Has seen a massive decline from my selling zone +19100c in late March.
Barclays continuing to sell as it possibly requires additional funds for it's acquisition of Kensington Mortgage Co.
A similar bearish setups seen on peers for example NED which is building a bear flag technical formation.
Negative (local, and possibly global) economic effects being seen to a certain extent in these share prices.
Barclays continuing to sell as it possibly requires additional funds for it's acquisition of Kensington Mortgage Co.
A similar bearish setups seen on peers for example NED which is building a bear flag technical formation.
Negative (local, and possibly global) economic effects being seen to a certain extent in these share prices.
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