InvestingScope
Long

Buy opportunity on South African stocks.

JSE:J200   TOP 40 INDEX
The market is approaching the 48,940 Support. 1M is supported there ( RSI = 52.867, MACD = 574.500, Highs/Lows = 0.0000) and the current dip is a solid medium term buy opportunity. Assuming that a roughly -2% Lower High sequence will be maintained we place the next medium term target at 52,200.






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