Sure_Trading

IMP breaks out of consolidation zone

Long
JSE:IMP   IMPALA PLATINUM HLGS LTD
Since mid-May, JSE:IMP has been struggling to make lower-lows and found itself in a sideways consolidation period. With yesterday's upward move, it has broken out of the top of the consolidation zone. If the momentum continues, we could see a move up towards the 30000 resistance level .
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