TARGET 2 Reached at R13.38 for Old Mutual
Falling Wedge formed on OMU, the price broke up and it was clear demand and buying from there.
We also had a W Formation confirming strong upside.
7>21>200
RSI>50
Target 1 -> R12.61 Reached
Target 2 -> R13.38 hit today.
The uptrend is still on the way, but we'll need to wait for a consolidation pattern to form before getting in.
This is the best type of trade for trend traders right now.
We also had a W Formation confirming strong upside.
7>21>200
RSI>50
Target 1 -> R12.61 Reached
Target 2 -> R13.38 hit today.
The uptrend is still on the way, but we'll need to wait for a consolidation pattern to form before getting in.
This is the best type of trade for trend traders right now.
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