Following the Discovery results, momentum indicators turned positive!
The current trend set-up around the R 110 / R 115 levels re-affirms my expectation of a strong price recovery ahead.... This is a name where short gamma may plague the markets on the back of several director OTC hedges. Love the saying " A vulture is a patient bird "! It is a name that needs a self help story ... not to mention some positive news flow on NHI...
So sit back and watch the R 120.00 levels , a clear break will see patient money paying dividends.
The current trend set-up around the R 110 / R 115 levels re-affirms my expectation of a strong price recovery ahead.... This is a name where short gamma may plague the markets on the back of several director OTC hedges. Love the saying " A vulture is a patient bird "! It is a name that needs a self help story ... not to mention some positive news flow on NHI...
So sit back and watch the R 120.00 levels , a clear break will see patient money paying dividends.