RossLarter

Bullish Flag on IMP

Long
JSE:IMP   IMPALA PLATINUM HLGS LTD
A Bullish flag pattern has formed on IMP . The Flagpole formed from 28 September to 19 October and since then it has consolidated slightly downwards to form the flag. If it breaks through the top of the flag and continues upwards, I think we could potentially see a move upwards to the target at around the 26000 level.

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