New Cup and handle has formed on Merafe as well as a strong uptrend channel.
Target 1 at R145. Target 2 R1.66
Price is about to cross above the 200MA as it is preparing for upside.
Bullish bias but will need the price to break above the 200MA before any action to be taken.
Target 1 at R145. Target 2 R1.66
Price is about to cross above the 200MA as it is preparing for upside.
Bullish bias but will need the price to break above the 200MA before any action to be taken.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)