Implats support in check and ready to break up to R128.76
Impala Platinum has clearly been moving in a down channel.
It's failed to break the support level at R72.29.
This means, we could be getting some buying momentum and demand, which will drive the price up.
I would wait for a solid breakout above the channel, which will signal a more promising buy.
Then my next target will be R128.76
It's failed to break the support level at R72.29.
This means, we could be getting some buying momentum and demand, which will drive the price up.
I would wait for a solid breakout above the channel, which will signal a more promising buy.
Then my next target will be R128.76
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.