SteynTrade

JSE:OMU Old Mutual Markup In Phase D Starting

Long
JSE:OMU   OLD MUTUAL LIMITED
Old Mutual has been in a TR after a big drop in October 2018. We had a spring on high volume and now a test on lower volume indicating that supply has dried up. Looking for the markup in phase D to the top of the TR range. After a consolidation at the top of the TR, I will be watching for a breakout and phase E to start.

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