AcolyteTrader

Long BIAS on INP

Long
JSE:INP   INVESTEC PLC
$INP is appreciating in price with volumes traded and a recent MACD cross on the monthly chart in support of the move higher. There is some resistance around the 5900c-6000c level. Looking for a pullback to possible support at 5600c level for an entry or some other setup. Price may end up range bound in the 5600c-6400 zone.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.