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Trader-Dan

EXXARO - Out of accumulation zone (Update)

Long
EXXARO RESOURCES LTD (JSE:EXX)  
Trader-Dan  
JSE:EXX   EXXARO RESOURCES LTD
Support and Resistance Pivot Points Fibonacci
2
0
supportandresistance pivotpoints fibonacci
Exxaro spent a fair amount of time since Oct 2021 in the accumulation area (built a falling wedge) , flushing to a low of R144.30 ...

Its now trending well upwards towards a likely test of swing highs (R190 zone)

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.

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