Coronation looks to be in a bearish consolidation on the daily.
A break of the R44 support area could expose its most recent lows around R39.
A bounce towards the upper channel cannot be ruled out though; but I’m favoring the bears here.
A break of the R44 support area could expose its most recent lows around R39.
A bounce towards the upper channel cannot be ruled out though; but I’m favoring the bears here.
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Bearish consolidation it was; still expecting more downside