JSE:GRT Growthpoint Distribution Complete?

17 thg 3, 2019

Growthpoint has been in a trading range since 2013. After a good uptrend, there was a throw over of the upward stride and a climax formed. The volatility to the downside has increased and Signs of Weakness (SoW) can be seen. Now after an Upthrust after Distribution (UTAD) and a test we have now seen a Last Point of Supply (LPSY). Looking for a high volatility breakout to the downside for the markdown to begin.

17 thg 3, 2019

Ghi chú

On the daily TF the latest pullback also has distibutional characteristics.

27 thg 5, 2019

Ghi chú

The stock continues to be distributed. with the markdown starting.