EXXARO - Long IDEA
The bulls have managed to reclaim the 20ema and with coal prices stabilising the stock is presenting a favourable entry point .
The first hurdle with be to get through the 50dma to target the dividend gap close at R187 (TP1)
A daily close below R160 negates the idea .
The first hurdle with be to get through the 50dma to target the dividend gap close at R187 (TP1)
A daily close below R160 negates the idea .
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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.