Mediclinic has just broken out of a somewhat Rounding bottom formation. The demand and buying has kicked in which could send this price flying, once the support is retested and confirmed for upside. CONCERNS: The liquidity isn't great as the candles are quite large and erratic. Bias - Bullish.
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Also on:
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.