VillageTraderZA

An Inverse Head and Shoulders after a bullish divergence on RMI

做多
JSE:OUT   OUTSURANCE GROUP LIMITED
We have a nice looking inverse head and shoulder pattern on Rand merchant. The formation of the left shoulder and the head, also saw the share had a bullish divergence. I’m looking for a break above the neckline at 3278c. The 30w EMA is looking to cross the 60w EMA (my trend indicators).

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