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Peet_Serfontein

GFI: a change in trend direction

Short
GOLD FIELDS LTD (JSE:GFI)  
Peet_Serfontein  
JSE:GFI   GOLD FIELDS LTD
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
A bearish trend is applicable and negtate the bearish stance for a break above 21600.
The ideal short entry is around 20900 or as close to this level as possible.
Increase exposure for a break below 20200.
Target is set at 19600.
Stop-loss at 21600.
The MACD bearish crossover supports a change in trend direction.
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