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Momentum to the upside for OMU?
OLD MUTUAL LIMITED
Long
Momentum to the upside for OMU?
By Maboko
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Nov 13, 2023
0
Cheer
Cheer
Nov 13, 2023
OMU has been in an ascending channel. Price has closed above the 200-day SMA, still favouring the bulls.
Direction: Buy
Target: R12.92
Stop loss: R11.51
Risk/Reward: 1.5
Traders/Investors should always make their own analysis, the idea posted is just a guideline. Risk management is always your number one priority.
Chart Patterns
Technical Indicators
Trend Analysis
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