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RossLarter

ARI Reversal possibility

Short
AFRICAN RAINBOW MIN LTD (JSE:ARI)  
RossLarter  
JSE:ARI   AFRICAN RAINBOW MIN LTD
Moving Averages Support and Resistance jse ALSI ZAR southafrica
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movingaverage supportandresistance jse alsi zar southafrica
ARI has reached a level of resistance and seems to be turning downwards for a short move. It has been confirmed by the stochastic, MACD and 3&15 EMAs. If the move happens, we might see it go down towards the 200SMA where it might find some support before either bouncing upwards or continuing downwards.
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