VillageTraderZA

3 white soldiers & Inverse H&S pattern Exxaro

Long
JSE:EXX   EXXARO RESOURCES LTD
Exxaro

We have a potential head and shoulders pattern building in the share. The past 3 weeks gave us a classic 3 white soldiers pattern. The share broke the R128 resistance/support, if we close 3% above it on the daily chart at R131, we could potentially see the uptrend continue and the head and shoulders pattern play out.

Weekly game plan: villagetrader.co.za/...23-october-analysis/

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