UPDATE: Motus ready to rally after the breakout to R144.77

W Formation is clearly forming on Motus.

The downtrend has broken and price is above the 20 and 200MA.

We now need a clear break, close above and open above the neckline.

Then we can easily set a target for the company at

Target R144.77
ALSIChart PatternsFundamental AnalysisjsemotussouthafricaStocksTrend Analysis

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