SteynTrade

JSE:MSM Massmart Accumulation

Long
JSE:MSM   None
Massmart has seen high volume from buyers pushing price up. After a short accumulation range price is now being marked up. Price has broken the 200 day sma. The relative strength has turned up and there is negative divergence on the volume RSI indicating effort without response.

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.