Get started
Trend_Trader_JSE

Merafe Resouces Swing Trade

Long
MERAFE RESOURCES LTD (JSE:MRF)  
Trend_Trader_JSE  
JSE:MRF   MERAFE RESOURCES LTD
Trend Analysis Chart Patterns Technical Indicators swingtrade trendfollowing
3
0
trendanalysis chartpattern indicator swingtrade trendfollowing
MRF is currently at an area of value; 200EMA level and a support level. The 200EMA is pointing up; it's reasonable to anticipate a support here. At current price, this is a potential 1:4 risk to reward swing trade.
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.