GRINDROD 🚢🚢🚢 20/50 Crossover
- The powerful uptrend and channel has broken down on Grindrod together with the 20ema crossing below the 50ema, first time since January 2022 where it
began its rally from R4.50
- I would be cautious to the long side aalthough corrective pullbacks are likely.
- Next supports is R7.92 and the 200dma at R7.30 .
began its rally from R4.50
- I would be cautious to the long side aalthough corrective pullbacks are likely.
- Next supports is R7.92 and the 200dma at R7.30 .
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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.
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.