Harmony upward momentum
The 200 day moving average may be used as a dynamic support/resistance level which the price has bounced of the moving average.
There is a MACD bullish divergence unfolding.
Idea : Long/Buy
Stop loss: R69.90
Target: R86.50
Risk/Reward: 1:2
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.
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.