The stock has rallied together with the other miners on our market and is now at the top of the broadening formation.
A close above R48 could see some further strength towards 200dma and swing high at R52 .
Alternatively, below R45.50 we likely fade back towards the rising 20ema.
A close above R48 could see some further strength towards 200dma and swing high at R52 .
Alternatively, below R45.50 we likely fade back towards the rising 20ema.
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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.