African Rainbow broken it's medium term downtrend - target R221
Cup and Handle formed on African Rainbow for the first time since 15 September.
We are seeing strong signs of buyingbut this is still a Medium probability analysis as the
Price>20 below 200MA
The first target is set to R221.55
We are seeing strong signs of buyingbut this is still a Medium probability analysis as the
Price>20 below 200MA
The first target is set to R221.55
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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