FAMOUS BRANDS LTD
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FAMOUS BRANDS ๐Ÿ”๐Ÿฅค๐ŸŒญ- LONG Idea

- The share looks to be in the late stages of accumulation with a nice pattern displaying contraction in volatility (flat top triangle)

- A break on volume could see price move towards the 200 moving average (weekly) which is currently in the R80 zone (The price it was in the beginning 2020)

- A close below R43 would negate the idea and be bearish for the stock.

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.
FibonacciflattoptrianglePivot PointsSupport and Resistance

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