JSE:SSK is staging a breakout, note low volume. Depending on your broker, it may be a slightly illiquid stock and have a massive spread. Potential resistance level in near R1.60, from 80 cents, that's a potential to double your investments. Think risk first.
Technicals
The 50 % retracement of the correction from the bullish movement from the high last April was reached. It's a healthy correction so far.
We're above the EMA 17 and SMA 30 and 50 on a daily basis.
An inverse shoulder-head-shoulder-formation has been built and already broken.
As we have cut through the SMA 200 (red) without any major...
