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RossLarter

ARI - Possible Short position

Short
AFRICAN RAINBOW MIN LTD (JSE:ARI)  
RossLarter Updated   
JSE:ARI   AFRICAN RAINBOW MIN LTD
Trend Analysis Support and Resistance jse ALSI ZAR southafrica africanrainbowminerals
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trendanalysis supportandresistance jse alsi zar southafrica africanrainbowminerals
ARI is showing some good downward momentum based on the stochastic and MACD and the EMAs which are about to cross downwards. I will wait until we get absolute confirmation from the EMAs before entering, but if it breaks lower than the low of today's candle so far, we should see a cross.
Trade closed: target reached
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