JSE:IMP   IMPALA PLATINUM HLGS LTD
JSE:IMP

moved strong last few months. Bullish flag reached target.

Currently consolidating in sideways range. Thursday candle is nice bullish engulfing bar for traders who want to be aggressive.

If not you wait for the close above 3800.

Target is 4800-5000 range
Trade active: $JSE-IMP up 10% this morning on great results

You can close half and leave half open for target around 4500/4800 area

Trade active: $JSE-IMP approaching second target in 4500/4800 area.

Stock looks amazingly strong and for now we hold with trailing stop loss

Trade active: $JSE-IMP testing peak from November 2017 at 4800 if that is broken next resistance around 50/50.50 peak from April 2017

Trailing stop loss proved to be good strategy for now

Trade active: $JSE-IMP hitting resistance around 5850/6000 this morning.

If that is clear next one is around 7200 area.

Price is running away from MAs but no negative divergences. In fact indicators are hitting fresh high.

Website: tradingwisdoms.com
Twitter: https://twitter.com/ALSITRADER
Nice call @ALSITRADER !
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