IMP
moved strong last few months. Bullish flag reached target.
Currently consolidating in sideways range. Thursday candle is nice bullish engulfing bar for traders who want to be aggressive.
If not you wait for the close above 3800.
Target is 4800-5000 range
Transaction en cours:
$JSE-IMP up 10% this morning on great results
You can close half and leave half open for target around 4500/4800 area
You can close half and leave half open for target around 4500/4800 area
Transaction en cours:
$JSE-IMP approaching second target in 4500/4800 area.
Stock looks amazingly strong and for now we hold with trailing stop loss
Stock looks amazingly strong and for now we hold with trailing stop loss
Transaction en cours:
$JSE-IMP testing peak from November 2017 at 4800 if that is broken next resistance around 50/50.50 peak from April 2017
Trailing stop loss proved to be good strategy for now
Trailing stop loss proved to be good strategy for now
Transaction en cours:
$JSE-IMP hitting resistance around 5850/6000 this morning.
If that is clear next one is around 7200 area.
Price is running away from MAs but no negative divergences. In fact indicators are hitting fresh high.
If that is clear next one is around 7200 area.
Price is running away from MAs but no negative divergences. In fact indicators are hitting fresh high.