techpers

ARI vs Top 40 Index

African Rainbow Minerals relative to JSE Top 40 Index (Weekly Chart). Noticed the multi-year incline being breached/at risk.

Lower panel. Ratio distance vs 200-w SMA contracting, signaling potential loss of LT momentum.

For more research insights (including trade ideas) get in touch today.
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.