Timonrosso

RAUBEX still undecided but seems to want to rally to R40.10

Long
JSE:RBX   RAUBEX GROUP LTD
Rectangle pattern formed on Raubes.

The price still hasn't broken up or down. But the signs are more bullish despite the negative sentiment with the JSE ALSI...

However, it is a waiting game until there is a solid breakout to the upside.
Other indicators show up momentum...

7>21>200
RSI>50
Target R40.10

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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