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VERY BEARISH IMPERIAL

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Pretty self explanatory but here goes...
Neckline of a massive head and shoulders pattern has been broken. A re-test of the neckline (187.00-190.00) will be the place to enter a short for a very large move down. I repeat...very large...
Target1: R150.00 (conservative)
Target2: R140.00 (aggressive)
Target3: R100.00 (Ultra-aggressive)
Ghi chú
Eventhough IPL is ex dividend today, this Head and Shoulders is still playing out nicely...I'll be looking to take profit near 160.00. (we entered the trade at R188.00)
Chart PatternsimperialIPLSELLshortshortsetup

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