Goldfields has been forming this inverted head & shoulders formation over the last 2 months. We finally saw a break of the neckline level of R42.50 today. Should this formation play out, i expect to see the target of R46.50 being reached in the next couple of sessions..
Comment:
retest of the breakout level today.. Needs to hold tomorrow in order to keep this trade alive and well
Comment:
Target reached and gap @ 48.50 closed
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