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Timonrosso

HULAMIN Looking good for upside October 2022

Long
HULAMIN LTD (JSE:HLM)  
Timonrosso  
JSE:HLM   HULAMIN LTD
Trend Analysis Chart Patterns Technical Indicators HLM jse jse_top40
0
0
trendanalysis chartpattern indicator hlm jse jse_top40
BULLISH
Ascending Triangle formed on 4 hour
We are just waiting for a break above R2.98
Price >200MA
Target 1 - R3.80
Concern is that the previous trend is down and the uptrend could very well fizzle but the bias is still bullish.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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