The stock found decent support around R62 as mentioned previously and rallied almost 10% to R68.
We have now had some 'cooling' off from the bulls and once again back at a key R65. Bulls will want to defend this today or risk a deeper pullback to the breakout level --> R63.50
I will continue to be bullish the stock while price stays above the daily 20ema.
We have now had some 'cooling' off from the bulls and once again back at a key R65. Bulls will want to defend this today or risk a deeper pullback to the breakout level --> R63.50
I will continue to be bullish the stock while price stays above the daily 20ema.
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