SteynTrade

JSE:TON Action on Tongaat

Long
SteynTrade Updated   
JSE:TON   TONGAAT HULETT LTD
Previously the R5 level has been important (See posts below). Buyers have slowly been accumulating stock just above this level and it seems to have held. This morning some more aggressive buying is taking place and price is on the move. We can expect a test of the previous highs and possibly the markup to continue after some re-accumulation.
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