Transurban group : From lower level the stock has moved upside near its previous time high and at the high we have seen an island pattern which suggests reversal in the trend and we saw that as well. Again at the top we saw a engulfing pattern suggesting negativeness.

The stock is expected to move down to the  rising support line.

The Rsi is pointing downside as well which is suggesting strength to the move.

Macd is near 0 and crossover below 0 would also give a confirmation.

It is always assumed the security will come to its median, so expecting the Etf to come near 50 Ema.

Sell

Jul 18 2021

2

1