Earnings on 16/08 so traders will need to be out before then.
Buy/Long Technical Drivers:
- Pennant formation, price emerging from this pattern.
- Re-taking the 8 x 21 EMA
- 7-day RSI at 56 and pointing higher
- Holding the pivot
Target is the upper boundary of the 21-day (monthly) and 63-day (quarterly) LRC.
Current: 22184c
Buy here (22184c), or better
Stop: 21610c
Target: 22900c
As noted previously, my main medium term preferred accumulation level is sub-R195...not sure if we get there. Let's see.
Buy/Long Technical Drivers:
- Pennant formation, price emerging from this pattern.
- Re-taking the 8 x 21 EMA
- 7-day RSI at 56 and pointing higher
- Holding the pivot
Target is the upper boundary of the 21-day (monthly) and 63-day (quarterly) LRC.
Current: 22184c
Buy here (22184c), or better
Stop: 21610c
Target: 22900c
As noted previously, my main medium term preferred accumulation level is sub-R195...not sure if we get there. Let's see.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.