- Following the #strat long on idea posted on the 7th Dec 2020, the target zone has been reached at R146
- The chart still looks very bullish and i expect with continued momentum it will push through overhead resistance. NB Stochastics are overbought on the weekly but this can remain so if the fundamentals remain bullish.
- Next possible targets to be tested will be R161.35 and then the pinbar high of R183.88
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
* initial #strat idea in link *
- The chart still looks very bullish and i expect with continued momentum it will push through overhead resistance. NB Stochastics are overbought on the weekly but this can remain so if the fundamentals remain bullish.
- Next possible targets to be tested will be R161.35 and then the pinbar high of R183.88
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
* initial #strat idea in link *
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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.