- Following the #strat long on idea posted on the 7th Dec 2020, the target zone has been reached at R146
- The chart still looks very bullish and i expect with continued momentum it will push through overhead resistance. NB Stochastics are overbought on the weekly but this can remain so if the fundamentals remain bullish.
- Next possible targets to be tested will be R161.35 and then the pinbar high of R183.88
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
* initial #strat idea in link *
- The chart still looks very bullish and i expect with continued momentum it will push through overhead resistance. NB Stochastics are overbought on the weekly but this can remain so if the fundamentals remain bullish.
- Next possible targets to be tested will be R161.35 and then the pinbar high of R183.88
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
* initial #strat idea in link *