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RossLarter

IMP - Double Bottom

Long
IMPALA PLATINUM HLGS LTD (JSE:IMP)  
RossLarter  
JSE:IMP   IMPALA PLATINUM HLGS LTD
Trend Analysis Double Top or Bottom jse ALSI ZAR southafrica impalaplatinum
4
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trendanalysis doubletoporbottom jse alsi zar southafrica impalaplatinum
IMP is showing signs of a reversal to the up side due to the double bottom that has formed. After a successful short position, it has bounced off of support and looks like it will be heading up towards resistance at around the 17500 level.

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