LD_Perspectives

African Rainbow Minerals (ARI) - Short Term Tactical View

JSE:ARI   AFRICAN RAINBOW MIN LTD
African Rainbow Minerals (ARI)

On an intrday/ultra short term basis the most recent 3-day lows 12520-12635 appear an attractive level for traders looking for a short term 240c-280c gain. Price remains above the rising 21-day exponential moving average. We see a pullback at the open (close has been right into the 0.618% FIB).
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