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RossLarter

RMH Trend Following Long & Descending Resistance Breakout

Long
RMB HOLDINGS LTD (JSE:RMH)  
RossLarter  
JSE:RMH   RMB HOLDINGS LTD
Trend Lines Trend Analysis Support and Resistance RMH southafrica ZAR jse ALSI
2
0
trendline trendanalysis supportandresistance rmh southafrica zar jse alsi
RMH broke through a descending resistance a couple of days ago and is also has triggered all of the criteria for a long on the trend following momentum strategy.

We can anticipate a bit more of an upward move before reaching the resistance level.
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