Timonrosso

Hulamin looking strong

Pembelian
Timonrosso Diupdate   
JSE:HLM   HULAMIN LTD
BULLISH
Ascending Triangle formed on 4 hour
We are just waiting for a break above R2.98
Price >200MA
Target 1 - R3.80
Concern is that the previous trend is down and the uptrend could very well fizzle but the bias is still bullish.
Komentar:
Yes when Electric Vehicles really take off - we will see Aluminium and Palladium companies sky rocket... Right ow they are still far too expensive for the average man. And the price to replace parts are inaccessible through most parts of the world.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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