Trader-Dan

OLD MUTUAL - Consolidation

JSE:OMU   OLD MUTUAL LIMITED
The stock has been consolidating since September and has managed to hold onto supports at R11.60 /R11.90

Expecting it to break out soon and perhaps move backup towards the swing high. First major hurdle will be R12.70


Stoploss / Takeprofit on the chart.

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.