Stock has been oversold and recently published results.
Positive divergence on the stochastics at a support level.
Possible move up from this low risk/reward level to first target level of R56.00 then possibly above R60.
A daily close below R50 will be viewed as very bearish (possible H/S pattern as well).
Positive divergence on the stochastics at a support level.
Possible move up from this low risk/reward level to first target level of R56.00 then possibly above R60.
A daily close below R50 will be viewed as very bearish (possible H/S pattern as well).