Despite a positive reaction to its Trading update last week, gains only went as far as the incline resistance around R205
We have now ‘lost’ the 50dma; next is the 200dma which coincides with the horizontal support area around R188-R190.
This is the area to watch for a move lower.
We have now ‘lost’ the 50dma; next is the 200dma which coincides with the horizontal support area around R188-R190.
This is the area to watch for a move lower.
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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.