M Formation formed on Hulamin and we saw bearish signs The market then broke below and has stayed below the neckline but is creating a somewhat Rectangle. They buyers and investors seem to be holding the level and supporting it as much as they can. Once catalyst and the stock will drop dramatically 200 >21> 7 - Bearish RSI <50 and bearish divergence Target R2.25
ABOUT: Hulamin is an aluminium semi-fabricator business located in South Africa supplying customers across Africa and the world with an extensive range of quality products.
Supported by a sales office in South Africa and a network of international agents, the company sells to leading manufacturers and distributors across many industries around the world.