RobbyP

The sun will come out... Exxaro

Long
JSE:EXX   EXXARO RESOURCES LTD
EXX seems to be forming an inverse head & Shoulders pattern at the bottom of the trend (in my mind anyway). RSI looking strong enough to buy on a slight pull-back but I certainly will not be chasing it. If the pattern plays out, I reckon we will see the price make a run for the 200 day Moving average.
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