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RossLarter
Nov 3, 2021 9:17 AM

Bullish Flag on IMP Long

IMPALA PLATINUM HLGS LTDJSE

Description

A Bullish flag pattern has formed on JSE: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.
Comments
Thinus5422
Strong seasonality for Impala Platinum from November to February. Thank you for chart and analysis.
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