Exxaro Resources Ltd
Long

EXXARO long position looking good

48
We were entered into a long position on 24th of August based off of our momentum strategy. It took two days to get into a profit situation but with today's price action we are nicely in a profit situation for now. It may find a bit of resistance at the current levels, but once it breaks through I can see it going all the way to the target at the 195 level.

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.