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Trader-Dan

Exxarro - Shortterm Bullish Crossover

EXXARO RESOURCES LTD (JSE:EXX)  
Trader-Dan  
JSE:EXX   EXXARO RESOURCES LTD
Support and Resistance Supply and Demand
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supportandresistance supplyanddemand
Price has recovered well after reaching a low of R145 .

A bullish cross over of the 20ema over the 50ema has just taken place. The stock is still however trading under its 200dma which could be a hurdle at R180.

Support is now at R164.

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