TradingView
Innocentmaponde
May 8, 2020 9:56 AM
Implats
Long
JSE:IMP
1D
IMPALA PLATINUM HLGS LTD
JSE
Description
⋅
May 8, 2020 9:56 AM
Bull flag developing on Implats daily chart, if triggered, measured target is around R155.
Trend Analysis
Harmonic Patterns
Chart Patterns
Comments
bnthemba
⋅
May 12, 2020 1:56 PM
Recovering nicely today from yesterday's blood bath. #still keeping an eye on this one
Innocentmaponde
⋅
May 12, 2020 2:00 PM
@bnthemba
, yes, price now flirting with incline resistance part of the flag (which is also where the 200dma is)...a break should be imminent.
bnthemba
⋅
May 8, 2020 10:00 AM
is a break above 109.. a good indication of breakout?
Innocentmaponde
⋅
May 8, 2020 10:04 AM
@bnthemba
, a break above the flag will be the entry trigger for me; so I'm looking at an entry around R112-R115.
bnthemba
⋅
May 8, 2020 10:07 AM
@Innocentmaponde
, Thank you sir. I will watch closely and hope to ride the wave with you.
More