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RossLarter
May 3, 2021 10:32 AM

Downward Momentum on ARI Short

AFRICAN RAINBOW MIN LTDJSE

Description

JSE:ARI is showing some good downward momentum with the recent downward crossing of the 3 and 15 period EMA's as well as the crossing downward of the stochastic and the MACD. If this momentum continues, we could see a possible downward move towards the support level at around 24000.
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