VillageTraderZA

DRD holding the 6100c support

Long
JSE:HAR   HARMONY GM CO LTD
Harmony gold seems to have found some support around 6100c. There’s a possible head and shoulders pattern as well. And the share currently trading below the 200d EMA . However, because the 30w EMA is above 60w EMA I will ignore the head and shoulders signal. Once we take out the 7412cc resistance.Even better above the recent 8060c high With the possibility of gold running, Harmony looks good. My target for Harmony is 12000c

Comments

Any new ideas? Seems to only go down and I can’t find any news on Harmony.
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They also own a Silver Mine in Papua New Guinea, Hidden Valley. Should benefit from the run on Silver.
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title deceiving ...
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wonderful one My Friend!
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