UPDATE: Remgro cruising up to R191.31
Box formation formed after a couple of months and the price broke above the resistance.
Since then it's been on a solid uptrend with a good inclination.
The price has also broken above the Falling Pennant which is confirming the buyers are driving the price.
We have additional indicators showing upside.
MAs - 7>21>200
RSI>50
Target R191.31
Bullish
Since then it's been on a solid uptrend with a good inclination.
The price has also broken above the Falling Pennant which is confirming the buyers are driving the price.
We have additional indicators showing upside.
MAs - 7>21>200
RSI>50
Target R191.31
Bullish
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
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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