zeerotrader

EXX - New Bear Trend

Short
JSE:EXX   EXXARO RESOURCES LTD
We may derive the following from the Weekly EXX chart:

1. Price has broken our major 2016 uptrend.

2. It is probable that price will continue to decline.

3. Watch for short opportunities.

4. As always - maintain your risk.

Note: The views provided herein do not constitute financial advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.