What I see
I really see this is a long term buy. It has seen a brutal down trend which seems to be turning around. Money is flowing back into the stock, there are more buys then sells. If South Africa recovers I see this stock doing very well.
- Cup and Handle formation starting from 2020
- Fib retracement from the start of the impulse wave. 618 already reached
- Weekly momentum increasing
I really see this is a long term buy. It has seen a brutal down trend which seems to be turning around. Money is flowing back into the stock, there are more buys then sells. If South Africa recovers I see this stock doing very well.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.