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.