S32 1.72% $3.55 south32 limited

Possible Double Bottom forming?, page-39

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    Time to hedge positions, lighten up on longs, take profits, buy a few protective puts, lock in profits, but some action is needed to protect capital thanks to a FED induced gap down below the consolidation box, a break below the newly formed pivot high. Another important point is that price is below the 8 ema when it should be trading above the 8 ema.

    https://hotcopper.com.au/data/attachments/1388/1388733-2c55f749e7313337e94ba565cdee40ee.jpg

    Last edited by Patterns: 20/12/18
 
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