- The powerful uptrend and channel has broken down on Grindrod together with the 20ema crossing below the 50ema, first time since January 2022 where it
began its rally from R4.50
- I would be cautious to the long side aalthough corrective pullbacks are likely.
- Next supports is R7.92 and the 200dma at R7.30 .
began its rally from R4.50
- I would be cautious to the long side aalthough corrective pullbacks are likely.
- Next supports is R7.92 and the 200dma at R7.30 .