Late Midday analysis
Markets opened more positive than I was expecting, shot straight to test 151 resistance. I honestly didn’t think this resistance would hold that strong but it has. Price has stabilized and we looking to close at 150 as the share continues the horizontal pattern. At this point the next partial buy in is at R144 but expecting a minor rebound at 147 as well. If we close at 150, one positive run tomorrow can shoot us past the resistance and we can aim for next resistance at R 151.
Summary: Hold and wait. Partial Buy at 144.
Summary: Hold and wait. Partial Buy at 144.
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