Big break yesterday on the medium-term support line and although the share price finds itself in somewhat OVERSOLD according to the 14-day RSI, I would be staying clear for now over the shorter-term. The next support level is the 200-day Moving Average (EMA) at R11.57, with a break and close below this level bringing back the R11.20 level as support. If I was a...
Breaking through the 50 day moving average in what looks like a bear flag break. More potential downside on this one. Target is on the chart. Bulls need to reclaim that moving average to recover from this downward momentum.